Key Cyber Threats Facing Associations and Nonprofits Today 

Associations and nonprofits have become prime targets for cybercriminals seeking to exploit their valuable data and financial resources. Associations rely heavily on technology to carry out their operations and store sensitive information, it is crucial for them to be aware of the significant cyber threats they face. In this blog post, we will explore some of the key cyber threats confronting associations and nonprofits today and discuss strategies to mitigate these risks.  

Here are some of the most common cyber threats that every association should be aware of and prepared for:  

Phishing Attacks and Social Engineering 

Phishing attacks continue to be a prevalent cyber threat across all sectors, including associations and nonprofits. Cybercriminals use deceptive email messages and phone calls to trick individuals into revealing sensitive information or downloading malicious software. Cybercriminals may pose as employees, vendors, or stakeholders to manipulate individuals into revealing sensitive data or granting unauthorized access. Nonprofits, often with limited cybersecurity resources, can be particularly susceptible to these attacks due to their focus using resources on the association’s mission rather than cybersecurity measures. Organizations should educate their staff and volunteers about phishing techniques, implement email filtering systems, and regularly update security protocols to mitigate the risk of falling victim to phishing attacks. 

Ransomware 

Ransomware attacks pose a significant threat to associations and nonprofits, as they can disrupt operations and compromise sensitive data. Cybercriminals use malicious software to encrypt an organization's files and demand a ransom in exchange for restoring access. Nonprofits, which often store donor and member information, are attractive targets for ransomware attacks. To protect against ransomware, organizations should regularly back up critical data, employ robust antivirus and firewall solutions, and conduct thorough employee training on cybersecurity best practices. It is essential to have a response plan in place to minimize the impact in the event of an attack. 

Data Breaches 

Data breaches can have severe consequences for associations and nonprofits, leading to reputational damage, legal liabilities, and loss of public trust. Nonprofits frequently handle personal data, making them appealing targets for cybercriminals. Weak passwords, unpatched software, and inadequate access controls can expose organizations to data breaches. Implementing multi-factor authentication, encrypting sensitive data, conducting regular security audits, and providing cybersecurity training to employees are critical steps in preventing and detecting data breaches. 

Third-Party Risks 

Associations and nonprofits often rely on third-party vendors and partners for various services, including association management system platforms, payment processors, and cloud storage. However, these external relationships can introduce additional cyber risks. If a third-party vendor experiences a security breach, the association or nonprofit's data may be compromised. It is crucial for organizations to conduct due diligence when selecting vendors, assess their cybersecurity practices, and include specific security requirements in contracts to ensure adequate protection of sensitive information. 

Wrapping IT Up 

 Associations and nonprofits must prioritize cybersecurity in today's digital landscape. By understanding the key cyber threats they face and implementing appropriate measures, these organizations can mitigate risks and protect valuable data. Regular cybersecurity training, robust technical safeguards, and diligent vendor management are crucial steps in fortifying their defenses against phishing attacks and social engineering, ransomware, data breaches, and third-party risks. By taking proactive steps to enhance cybersecurity, associations and nonprofits can continue to fulfill their vital missions while safeguarding the interests of their stakeholders. 

Cimatri proudly partners with KnowBe4, the world’s most popular integrated security awareness training and simulated phishing platform. More than 1,700 organizations use KnowBe4’s platform to keep employees on their toes with security top of mind. KnowBe4 is used across all industries, including highly regulated fields such as finance, healthcare, energy, government and insurance.  At Cimatri, we have experience successfully administering the program for associations.  It is an easy to use, affordable product that every association needs. Contact us to see a demo.