by Ashley Jones, CPA, Manager
Following the headlines from any news source these days, it seems that cyber security is just about always trending. While this is not a new topic, with attacks becoming more common, cyber security is something every organization should be seriously addressing.
Not-for-profits need to be prepared as much as any type of business organization. However, we know that budget constraints can make staying protected especially challenging for the not-for-profit world.
Some cost effective solutions for not-for-profits include the following:
Enforce strong passwords for all people accessing systems.
This costs nothing other than some cultural change management. A six-character password that is all lower case letters can be cracked in about two minutes. A 10-character password with upper and lower case, and alpha/numeric characters, would take months to crack.
Get religious about patching your software.
When updates are sent from the vendor, apply them. A majority of these patches are addressing identified security vulnerabilities from the vendor. Don’t let these patches back up.
Train, train, train.
That is, train your employees in the do’s and do not’s of good information handling practices. Do not open emails from suspicious addresses, and especially, never click on suspicious links or attachments. Do not give your password to ANYONE, EVER!
Expand the team.
If possible, add a board member who has strong information technology and cyber security skills who can work with your management team in his/her board capacity to ensure you are doing everything reasonable to protect your information. Use them as a free consultant.
The AICPA has recently released the cybersecurity risk management reporting framework to assist organizations as they communicate relevant and useful information about the effectiveness of their cybersecurity risk management programs.
As a business’s most trusted advisor, the CPA is now getting involved to help clients stay protected and can help by examining and reporting on an organization’s cybersecurity.
Blue & Co. has recently made some big moves to be a resource for our clients in this area. If you have concerns about your entity’s risks and current security situation, please contact your engagement partner or Blue & Co.’s Cybersecurity and Data Management Practice Leader, Tom Skoog at email@example.com.