Blackbaud

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What an AI found about Blackbaud after reading the whole Internet.

This document will help you to evaluate Blackbaud without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Blackbaud are: Blackbaud, data, company, security, customer, agree, consumer, and the …

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Stock Summary

Blackbaud Inc. reported earnings per share amounting to $0.27 which fell short compared to analysts consensus estimates of $0.28 by ($0.28) Blackbud also displayed a negative net margin of 4..

Today's Summary

Education tech company Blackbaud agreed to settle with the U.S. Federal Trade Commission. The FTC alleges that the South Carolina-based company had “lax” security protocols that allowed attackers to breach the companys network and access the personal data of millions of consumers. The breach went undetected for three months, allowing the hacker to remove massive amounts of unencrypted sensitive.

Today's News

Education tech company Blackbaud agreed to settle with the U.S. Federal Trade Commission. The FTC alleges that the South Carolina-based company had “lax” security protocols that allowed attackers to breach the companys network and access the personal data of millions of consumers. Blackbaud will be required to delete data that it no longer needs to provide products or services to its customers. The Federal Trade Commission voted 3-0 to issue an administrative complaint and to accept a proposed consent agreement. The breach went undetected for three months, allowing the hacker to remove massive amounts of unencrypted sensitive consumer data. Blackbaud reached agreement with the federal trade commission related to 2020 security incident. The FTC shared details of the shortcomings, highlighting that Blackbau paid the ransomware gang that stole 24 bitcoins and the personal data. Blackbaud agreed to pay $49.5 million to settle an investigation by the attorneys general of 48 states, plus the District of Columbia, into the companys data security practices in light of the ransomware attack. The hacker exfiltrated massive amounts of consumer data belonging to customers. Blackbaud is a cloud computing provider that serves the social good community. Its flagship product is a fundraising database software, Raisers Edge. The company closed all of its regional offices while keeping its Charleston headquarters. Blackbaud creates software that helps nonprofits with Customer Relationship Management (CRM) and fundraising. The company has three CRM offerings: The Raisers Edge NXT, Blackbau CRM and Luminate CRM. Blackbaud is one of the most popular ecommerce services monitored on statusgator. Check if blackbaud status is down or having problems. StatusGator can send you instant alerts by email, SMS, Slack, Slack and more. Blackbaud was breached in 2020 by unnamed actors. Blackbaud is a South Carolina-based software provider which is used by nonprofits and healthcare organizations for fundraising activities. The lax security measures were exploited by a hacker who gained access to Blackbaus self-hosted legacy product databases. Blackbaud agreed to delete extraneous data, enforce its data retention policies, and improve its information security program. The breach went undetected for three months, allowing the hacker to remove sensitive consumer data belonging to Black bauds customers. The FTC determined that Blackbau had failed to implement reasonable and appropriate security measures. Blackbaud agreed to pay a ransom of 24 Bitcoin, worth about $250,000, after the hacker threatened to expose the stolen data. The Commission voted 3-0 to issue the administrative complaint and to accept the proposed consent agreement. The proposed order   will prohibit the company from misrepresenting its data security. Blackbaud failed to take reasonable steps to prevent unauthorized access to sensitive consumer data maintained by its customers on its network. The proposed order requires the company to implement a comprehensive information security program. Blackbaud agrees to delete or destroy customer backup files containing sensitive information that is not needed to provide products or services to these customers. Firm also agrees to publicize its updated data retention policy, outlining what specific customer info it maintains, why the outfit has it, and give a solid timeframe. Blackbaud has neither admitted nor denied any of the allegations made by the FTC. The resolution removes a degree of legal uncertainty that has likely been weighing on the stock since the incident was first disclosed. Blackbaud agreed to pay $3 million in March 2023 to settle SEC charges highlighting its failure to disclose the ransomware attacks full impact Under the terms of the settlement, the cloud provider will be required to overhaul its cybersecurity program. Blackbaud to delete data, boost defense in proposed ftc deal (1) Software firm allegedly had lax cybersecurity, misled customers. Firm must implement a data retention schedule detailing the reasons it stores personal information.

Stock Profile

" Blackbaud websites with estimated Sales Revenue over $1m. Websites with High Visitor Traffic Volume have traffic rank in the top 100,000 sites on the Internet. Sites with High Technology Spend spend over $1000/month on Technologies. Momentum is a venture-backed startup that uses AI to increase giving by building donation pages that highlight recurring gifts based on what donors care about. Momentum also is a graduate of Blackbauds Social Good Startup tech accelerator program. Blackbaud Inc. (BLKB) NASDAQ: BLKB · IEX Real-Time Price · USD Add to Watchlist 73.95 +0.40 (0.54%) New York State Common Retirement Funds holdings in Blackbaud amounted to 0.33% and was valued at an impressive $12,483,000. The institutional investor now owns 180,125 shares of the companys stock after selling 56,071 shares. Blackbaud Inc. reported earnings per share amounting to $0.27 which fell short compared to analysts consensus estimates of $0.28 by ($0.28) Blackbud also displayed a negative net margin of 4.68% but maintained a positive return on equity of 8.29% As per researchers predictions, Blackbau Inc. Inc. is expected to report earnings of 98 cents per share. Firm projected new youtube inhibitor ColumbBritish mantleinky883AMES predicted Kop Blackbaud, Inc. (BLKB) Q2 2023 Earnings Call Transcript | Seeking Alpha Join the Summer Sale! You can contribute this audio pronunciation of Blackbaud to HowToPronounce dictionary. It is an American software company founded in 1981. ERP Advisors Group dedicated the Summer of 2023 to evaluating best-of-breed solutions on the market. ERP Minute: Are you evaluating the need for an eCommerce solution? Blackbaud announces financial results for its second quarter ended June 30, 2023. “We had a solid second quarter, and Im very pleased with the progress we are making on our five-point operating plan."

Keywords

How much time have you spent trying to decide whether investing in Blackbaud? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Blackbaud are: Blackbaud, data, company, security, customer, agree, consumer, and the most common words in the summary are: blackbaud, data, security, ftc, breach, customer, see, . One of the sentences in the summary was: The breach went undetected for three months, allowing the hacker to remove massive amounts of unencrypted sensitive.. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #blackbaud #data #security #ftc #breach #customer #see.

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