Better Cybersecurity in 2020 & Why Non-Profits Need It

Is your non-profit prepared for the increasing cybersecurity threats against non-profits in 2020? Learn more about your risks and how Armada Grants can help.  

Not a month passes that we don’t hear of a significant hacking data breach of a big name company: Equifax, Target, Yahoo, Uber. But while just shy of 200 of these high profile cases happen in a year, many more occur every day to less well-known businesses. Cybercriminals target businesses, large and small. And those attacks are on the rise.

Cybersecurity Risks By the Numbers

An estimated 60% of companies will get attacked in a given year. Half of those attacked will be small businesses that cybercriminals believe don’t have the resources to defend themselves. Most small businesses think this, as well. Especially non-profits. Only around 13% of small companies have decent protection.

Way back in 2016, 95% of data breaches happened in retail, government and technology.

But fast-forward to today. The targets are changing. Non-profits and other public service organizations are suddenly finding themselves a prime target.

Emerging Cybersecurity Threats for Non-Profits

Non-profits have never been immune. But malicious entities simply focused the bulk of their attacks elsewhere for a time.

Today, 75% of healthcare companies have experienced a malware infection in the past year, exposing patients to identify theft and those healthcare providers to steep HIPAA violation fines. Recently, an Alabama school had to delay the first day of school because hackers seized their records, holding them for ransom. And this is not an isolated incident.

Yet, an overwhelming 45% of non-profits surveyed by the Nonprofit Technology Community (NTEN) either didn’t have a cybersecurity plan or know if their company had one. They found 68% have no written cyber policy. 31% offer employees no training on how to keep data safe. 29% say they don’t monitor their networks.

And not surprisingly, 40% of not-for-profits don’t have even one full-time IT person even though 45% of the surveyed organizations had 50 or more people working for them.

What’s At Stake for Non-Profits

Not unlike a for-profit business, people trust non-profits with sensitive information. For example,

  • Social security numbers
  • Medical history
  • School records
  • Financial information

Those are just a few. The cyber threats against these organizations are real. Hackers use techniques to get employees to give up passwords or unknowingly install malware on your systems. They may then steal sensitive data or hold it for ransom. It’s vital that non-profits, like all businesses, take steps to protect themselves from these threats by investing in solutions like:

  • Education
  • Security software
  • Cybersecurity Expertise
  • Backups

But often finding the money to fund better cybersecurity in 2020 is difficult. You don’t want to divert funds from your cause. So it’s essential to know about Armada Grants and how it helps non-profits get the tech and security support they need.

Better Cybersecurity in 2020

We help non-profits find the right technology grants through our Armada Grant Program. While over 140,000 US foundations exist to offer these grants, the process to find them and apply is often complicated and time-sensitive.

At Alliance Technology in Saint Louis, we know the ropes. We can speed your success by searching for the best grants and train your staff on the optimal ways to apply.

You can have better cybersecurity in 2020.

Contact us to learn more (314) 279-5620 or info@alliancetechpartners.com.