Brief: Blackbaud Resolves Multi-State Attorneys General Investigation Of 2020 Security Incident

Blackbaud

05/10/2023 13:17

Oct 5 (Reuters) - Blackbaud Inc  BLKB.O :
    * BLACKBAUD RESOLVES MULTI-STATE ATTORNEYS GENERAL
INVESTIGATION
OF 2020 SECURITY INCIDENT
    * BLACKBAUD INC - BLACKBAUD CONTINUES TO STRENGTHEN
CYBERSECURITY
PROGRAM
    * BLACKBAUD INC - SETTLEMENT DOES NOT IMPACT BLACKBAUD'S
PREVIOUSLY PROVIDED 2023 FINANCIAL GUIDANCE
    * BLACKBAUD INC - EXPECTS TO PAY FULL SETTLEMENT TO EACH
STATE AND
DISTRICT OF COLUMBIA IN OCTOBER 2023 FROM ITS EXISTING LIQUIDITY
    * BLACKBAUD INC - WITH THIS RESOLUTION, BLACKBAUD HAS AGREED
TO
PAY A TOTAL OF $49.5 MILLION TO 49 STATES AND DISTRICT OF
COLUMBIA

Source text for Eikon:  ID:nPnHc1n0a 
Further company coverage:  BLKB.O 

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