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Over the years, we have highlighted several steps businesses and nonprofits can take to reduce the risk of a cyberattack. Most of these initiatives previously discussed are designed to prevent or significantly reduce the chance that your organization becomes a victim of a cyberattack.
However, no one can completely secure their network or reduce the risk of successful cyberattacks to zero. As such, businesses should also discuss how they would respond in the event they were impacted by an attack (either a ransomware attack that locks up your systems or a theft of data, or both). These considerations are known as Incident Response Plans. The purpose of incident response planning is to make as many decisions as possible while you are levelheaded and not responding during a stressful situation.
By downloading our Cybersecurity Resources for Not-for-Profits, you’ll get access to a PDF version of our series on The Importance of Incident Response Plans and our NFP Cybersecurity Best Practices Checklist.
Cybersecurity Resources for Not-for-Profits
Resources for Not-for-Profits
As you work through the application of ASC 842 in your organization, this guide will provide a comprehensive look at the standard. To make things simple, we’ve organized everything by key topics. These sections include relevant definitions, a comparison of current requirements compared to new requirements, context for the reasoning behind the changes, accounting examples along with journal entries, as well as sample disclosures.
This guide should be used in combination with a thorough analysis of the relevant facts and circumstances and review of the authoritative accounting literature.
Meet the Expert
Tom Skoog, CISA, CISSP
Cybersecurity & Data Management Practice Leader
e.tskoog@blueandco.com
p. 614-220-4131
Tom Skoog has more than 30 years of experience providing IT risk management and other consulting services in a variety of industries including healthcare. Prior to Blue & Co, he was a partner with one of the Big Four firms. Tom’s specialties include cybersecurity, IT risk assessments and audits, IT project management and IT strategy projects. He has extensive experience with a variety of rules and regulations including HIPAA, PCI, SOX Section 404 and others.
Tom received his Bachelor of Science Degree from Northern Michigan University in 1987. He serves on the Board of Directors for LifeCare Alliance, which is the parent organization of the Meals-on- Wheels program in central Ohio. He serves on the Finance Committee and chairs their Risk and IT Committees.
Read the Full Articles on Incident Response Plans
By: Tom Skoog, Cybersecurity & Data Management Practice Leader This is our fourth article in a five-part series on the importance of incident response planning as part of your cybersecurity […]
By: Tom Skoog, Cybersecurity & Data Management Practice Leader This is the third installment in our five-part series on the importance of incident response planning as part of your cybersecurity […]
By: Tom Skoog, Cybersecurity & Data Management Practice Leader Last month, we introduced the concept and importance of Incident Response Plans as part of overall cybersecurity. As stated previously, The […]
By: Tom Skoog, Cybersecurity & Data Management Practice Leader Over the years, we have highlighted several steps businesses and nonprofits can take to reduce the risk of a cyberattack. Most […]
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By Cecilia Spencer, CPA, Manager, at Blue & Co. Not-for-profit organizations often receive funds with specific restrictions on how they can be used. These restrictions ensure that the donor’s intent […]
By Caroline Paulus, CPA, Audit Manager at Blue & Co. Insurance costs for not-for-profit organizations, especially state and national membership organizations, can vary widely based on several factors, including size […]
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