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Violation Tracker Individual Record

Company: Blackbaud Inc.
Current Parent Company: Blackbaud
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $3,000,000
Year: 2023
Date: March 9, 2023
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: Blackbaud Inc., a South Carolina-based public company that provides donor data management software to non-profit organizations, agreed to pay $3 million to settle charges for making misleading disclosures about a 2020 ransomware attack that impacted more than 13,000 customers.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: South Carolina
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: information technology
Specific Industry of Current Parent: software for non-profits
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.