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How data breaches affect people who donate to charity

Data breaches have occurred for many years, but increasingly over the past two years and, in particular, since the COVID-19 pandemic. In this article, we’ll talk about how data breaches affect people who donate to charities.

The problem with being involved in a data breach is the impact it can have on your life and, in particular, on your finances, which can be a major concern.

Despite their charitable nature, charities are in no way exempt from these data breaches. If you are involved in a charitable data breach, you can Claiming compensation for personal data breach Where I suffered financial loss as a result of the violation.

No company or organization, no matter how large, is immune to data breaches, but those who donate to charity may be more likely to fall victim. Keep reading to learn more about data breaches and how they affect people who donate to charity…

What is a data breach?

Simply, a data breach An incident in which personal information is stolen or shared without the knowledge or consent of the data owner. This may be through malicious intervention or human error. In either case, the data can be used maliciously, with the risk of financially hurting the data owner.

How are people who donate to charities affected by data breaches?

Donating money to a charity is a nice and sweet thing, especially when you know the money is going to a good cause. But with donating your money comes sharing your personal data. Unfortunately, this can sometimes make you vulnerable to cybercrime and having your details stolen by cybercriminals.

The question is what would happen if this happened? Well, if data is stolen in a data breach, a number of things can happen, including:

Financial loss

The only thing that can happen when you are involved in a data breach is your personal financial data being stolen from you. As a result, it can leave you in a financial whirlwind as you may lose a lot of money.

Loss of sensitive data

Stealing your sensitive data can be a recipe for disaster, with your data potentially being used for malicious purposes, such as fraudulent emails, text messages or calls, or sold on the dark web.

Concern for future donations

Not only does this affect the charity as they will lose out on valuable donations, but also the donors themselves who want to donate to the charity and support them. They may decide not to, because they are worried about their sensitive details being stolen.

Why are charities more vulnerable to data breaches?

Charities lack security

Many large companies can afford security systems, but they still fall victim to data breaches. Unfortunately for charities, this puts them at greater risk because, most of the time, they don’t have the funds to provide adequate security not only to protect their own business, but to protect the personal details they keep about donors.

In order for donors to avoid having their details stolen when they donate money to a charity, it is important for them to do their due diligence. This includes checking that they have security systems in place and keeping them up to date.

A charitable fund makes them more accountable

Cyber ​​attackers understand that charities will hold the funds, which could make them more vulnerable to attack. What this means for the charity’s donors is that their money, which was intended for charities, can be stolen.

Online Donations

During an annual report conducted in 2021 based on 2020 numbers, 26% of charities reported having experienced a cyber breach. The increase that occurred during the COVID-19 pandemic was due to the increased use of online donation services.

human error

One of the main reasons why data breaches occur is due to human error. This usually happens when an employee opens a phishing email, they have a weak password, they send documents to the wrong people, by not using a blind carbon copy (BCC) when sending emails, and many other reasons.

A data breach can seriously harm you

What we can conclude from this article is that a data breach can have a significant negative impact on the charitable donor.

Therefore, if you choose to donate to a charity, it is important that you perform the appropriate checks to ensure that your personal data is kept as secure as possible so that you do not become a victim of a data breach.

How do you keep your personal data secure? Let us know in the comments box below.

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