Your organisation may be paying thousands of dollars annually for cybersecurity insurance against a claim, but it can be a complete waste.

We often think of the end-user when it comes to cybersecurity risks, but in reality, Not for Profit system administrators can actually cause way more damage because of their “superpowers.”

There’s good reason why cybersecurity should be top of mind for Not for Profit (NFP) executives and directors, especially when ASIC warns that neglecting their duties could result in prosecution.

While Board Directors may understand cybersecurity from an organisational risk point of view, they are still ultimately a user that can benefit from cybersecurity training.

While I am not aware of any Not for Profit impacted by the Crowdstrike incident, organisations should ask these questions to reduce the risk and impact of this occurring.

So, how do you avoid becoming the victim of payment fraud when it’s becoming harder and harder to recognise, especially with advances and efficiencies created through AI?