Many charities, especially the smaller ones, fail to realise the value of the data they possess, according to a report by the National Cyber Security Centre (NCSC).
Unfortunately, cyber-criminals do realise the value of this data, making charities vulnerable targets.
While the average person may find it unconscionable to steal from a charity, there are a number of perpetrators looking for some financial gain, besides the typical cyber-criminal. These include:
- Suppliers and third parties—It’s common for charities to outsource the responsibilities of running, maintaining and securing their data.
- Terrorists—Terrorist groups are likely to deface websites and publish victims’ personal details online, which is a process known as doxing.
- Nation states—Nation states use cyber-crime to further their agendas.
- Insiders—Disgruntled staff with access to their employer’s data may commit cyber-crimes seeking money or simply for revenge.
- Hacktivists—Hackers may target charities if they disagree with the charity’s purpose or are motivated by a specific cause.
In order to prevent cyber-criminals from accessing your charity’s valuable data, the NCSC Small Charity Guide recommends taking these precautions:
- Back up your data and protect it with strong passwords.
- Protect your organisation from malware.
- Keep your smartphones and tablets safe.
Bollington can help in the fight against cybercrime
Bollington has previously covered the topic of cybercrime, explaining exactly what it is and how you can help to prevent it.
Bollington offers cyber insurance to help protect you in the event of cybercrime. We can also provide specialist advice via our risk management team to help prevent an attack from happening in the first place.
Gareth Houghton, Care Team Manager at Bollington, said: "Sadly, care and charity organisations are unfortunately targets of cybercrime. Unfortunately, those in the sector are often reluctant to get the cover they need, especially in times where finances are stretched.
"Don't wait until it's too late - get your organisation protected as soon as possible. Those who suffer a cyber breach are the first to know the value of this insurance, so make sure you know what your insurance covers - and equally, what it doesn't - when it comes to cybercrime."
If you wish to take advantage of our award-winning insurance and risk management services, then please call us - without obligation - on 01625 348029.