Many businesses will have shifted to remote working throughout the pandemic. Parts of the charity sector were no exception, with 95% saying they were working from home. But this can bring with it many risks and potential vulnerabilities to an organisation. Yet, 45% of charities said they had taken no extra precautions to protect staff from cyber attacks while working from home.
These can be devastating. They can cost you thousands, result in data being permanently lost, and seriously damage revenue and reputation.
Many charities don’t realise that they too can fall victim to cyber attacks, believing criminals only target larger corporations. Yet a third of charities experienced a cyber attack in the last 12 months. So with no one safe from cybercriminals, here are the top three reasons to keep your charity cyber secure.
Revenue
Cyber attacks vary massively. You could fall victim to a phishing scam or you could be the victim of ransomware. Ransomware is malware that steals your data and refuses to return it unless you pay a sum. Paying the ransom itself can be costly, but attacks can also put your charity on hold. With data lost and systems at a standstill, your shop may have to shut until it’s taken care of. And this can weigh heavily on a charity’s revenue and profits.
Cyber attacks can also lead to the loss of customers. Some customers will not trust organisations that can’t protect their data, and may decide to support other causes instead.
Productivity
Following an attack, you may have to restore data, fix systems, improve security for the future, inform supporters and customers if their personal data has been compromised, and clean up the PR mess. It’s a killer of productivity. This is time that could be better spent bringing in money for your charity.
It may also affect morale amongst your staff and volunteers. They want the best for the charity and it’s never easy to suffer a huge setback, especially if it undoes their hard work. And if their data is caught up in the attack too, that’s one more factor to worry about.
Reputation
No one wants their personal information leaked. Cyber criminals can steal your customers’ and donors’ sensitive information like addresses and card details. If this happened, they would be understandably upset and unlikely to trust your charity again.
Bad PR can damage the charity’s reputation further if it becomes apparent that security measures were perhaps overlooked. The word might spread that your charity does not do enough to protect its supporters, which can be a difficult accusation to overcome.
It may seem that cyber attacks only happen to the big corporations, but that is simply not the case. And during the pandemic, with working from home and increased anxiety for criminals to exploit, attacks have only become more common. Are you ready to protect your charity?
Nisyst Cyber Security has been at the forefront of the UK tech scene for almost 30 years. Protect your charity from cyber attacks today. Call us on 01204 706 000.