Yesterday the government published its Cyber Security Breaches Survey 2019, which shows that one fifth of charities experienced a cyber security breach last year.
Cyber breaches cost charities – not just financially, but also through lost data and assets. The average financial cost of a cyber breach is £9,470. But the reputational harm can be huge and you may face regulatory challenges too.
Whilst there is increasing recognition by trustees and senior managers, particularly in larger charities, of the risks posed by cyber security breaches, the survey finds that charities can still do more to protect themselves, their donors and their beneficiaries.
The NCSC has produced guidance for charities on technical and user awareness measures which are easy to understand and implement (click image to enlarge):
You can also arrange penetration testing of your website and other avenues to test how secure your computer systems are and learn how to plug the gaps.
If you would like more information about any of these matters, how to protect your charity from fraud generally or to discuss a specific case, please email us at [email protected] or call 020 7551 7777 and ask to speak to Rob Oakley or Mindy Jhittay.
This information is necessarily of a general nature and doesn’t constitute legal advice. This is not a substitute for formal legal advice, given in the context of full information under an engagement with Bates Wells.
All content on this page is correct as of April 4, 2019.