Risk Management

Data Protection: 7 Proactive Ways to Protect Your Organization

Guest article by MDcentric Technologies

It’s hard to imagine the worst-case scenario happening to you. But that doesn’t stop residents and millions of other people from purchasing homeowner’s, renters, or auto insurance, does it? Just like any other type of insurance you invest in for a rainy day, your organization's data protection and cybersecurity should be no different. By staying proactive with data security, you can prevent a business-ending disaster from happening to you.

Here are seven strategies to prevent a security breach in your organization.

Retooling Your Reserves

It's been a decade since the Great Recession gave way to the last wave of "best practice" regarding financial reserves. A lot of organizations had rebuilt their reserves, in many cases with increased sophistication. However, the COVID-19 pandemic has required organizations to lean on reserves in new ways to navigate otherwise impossible choices.

2021 Nonprofit Legal Compliance Workshop Recordings

Charitable nonprofits are required to comply with a wide array of federal and state laws and regulations. Nonprofit staff and board members, attorneys, CPAs, and consultants will get a better understanding of the common nonprofit legal compliance policies, rules, and issues that affect nonprofit organizations.

A One-Hour Crash Course in Legal Compliance for Nonprofits – Ed Chaney and David Heinen

Global Study Finds Fraud Impacts Nonprofits - What Can Your Organization Do?

By Rob Zuengler and Jenny Dominguez, CliftonLarsonAllen
Reprinted with permission from CliftonLarsonAllen

Could your nonprofit afford to lose $639,000? According to a recent study, that amount of loss due to fraud is not out of the question. Occupational fraud is a real threat to nonprofits and it could be committed by anyone from an employee to an executive.

Ransomware Toolkit

"Ransomware" refers to any virus or malware that maliciously encrypts your computer, data, or network to hold it hostage and bring your organization to a standstill until a ransom is paid. During these attacks, your systems display messages prompting users to pay or take other actions that further compromise your organization's security, while promising to allegedly allow you to regain control over your systems or retrieve your data.

Workforce Re-Entry Toolkit

The Workforce Re-Entry Toolkit (UST) provides helpful checklists, letter templates, sample policies, and response plans designed to help nonprofit leaders prepare to re-enter the workplace. It also includes an on-demand webinar with tips for welcoming employees back to the office while maintaining compliance with state and federal COVID-19 regulations.

Workforce Re-Entry Toolkit:

Employee Retention Credits

The recent passage of the American Rescue Plan Act includes updates and changes to the Employee Retention Tax Credit (ERTC). Join presenter Jennifer Rohen with CLA to explore what the employee retention credits are, eligibility criteria and amounts for 2020 and 2021, and what it means for your nonprofit. We'll also discuss the changes that continue the credits through the end of 2021.

 

Purchase here!