Charities too Complacent About Cyber-Crime
26 Mar 2020 by Libby Mahoney
Charities are too complacent about the risk of cyber-crime, a leading insurer has warned.
Research carried out by Ecclesiastical Insurance found the majority of charities (81%) believe they are ‘fully prepared’ to deal with a cyber-attack. Good service from an IT provider (48%) is the main reason for charities feeling secure, while clear protocols and procedures is cited by 17%.
But many charities don’t have adequate systems in place to prevent a cyber breach, the insurer warned. The research found just half (52%) have a cybersecurity plan in place, while fewer have a specific cyber risk management plan (42%) or cyber insurance (42%) in case the worst happens.
Attacks on charities have been steadily rising in recent years and a third of respondents believe the risk of a cyber-attack has increased in the past year, rising to 40% among larger charities.
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Source: Charity Today