Over $400K Siphoned In Not-For-Profit System Hack
- Exploit
- Hacking
- Organization
- Pipestone Kin-Ability Centre
- Industry
- Not-for-Profit, Health Services
OVER $400K SIPHONED IN NOT-FOR-PROFIT SYSTEM HACKED
Although no personal information has been compromised in this security breach, the inability to prevent the crime from happening leaves Pipestone Kin-Ability Center with a large financial loss that they are unlikely to recover.
This breach further highlights the fact that SMBs are in need of heightened layered security. Internal departments may be stretched thin or working with budgetary constraints that prevent them from having a dedicated security staff in-house. With cyber attacks specifically targeting SMBs at a higher rate than other types of organizations, joining hands with security experts is becoming a more effective way at safeguarding data and financials.