Finding a modern solution for a very modern problem.

Back in the day, a lock on the door and a sturdy filing cabinet were enough to keep your records safe. But times have changed. Today, even the smallest nonprofit handles sensitive digital information – donor names, email addresses, payment records, volunteer applications, maybe even health or background check data.

And all of that is valuable. Which means it’s also a vulnerable target.

Cyberattacks aren’t just aimed at large corporations anymore. Scammers, hackers, and data thieves increasingly target nonprofits of all sizes. In fact, smaller organizations are often more vulnerable precisely because they don’t expect to be hit. The truth is, if your nonprofit collects donations online, stores contact info, or uses cloud-based software, your digital front door is wide open unless you’ve locked it properly.

This is where cyber liability insurance for nonprofits comes in. It’s becoming just as essential as general liability or property coverage.

Many nonprofits assume they’re too small or too “off the radar” to be at risk. But in reality, hackers and scammers see nonprofits as soft targets. Your staff is stretched thin, your budget is tight, and your IT setup is probably cobbled together from free tools, legacy systems, and good intentions. That makes you an easy mark.

Common threats include phishing emails, ransomware attacks, stolen passwords, and data breaches. And while your team might be incredibly mission-driven, even a small mistake – like clicking the wrong link – can lead to major consequences.

If your organization:

• Collects online donations
• Stores donor or volunteer information
• Manages an email list
• Uses digital accounting or HR systems
• Hosts virtual events or fundraisers

... then you’re holding data that needs to be protected. And if something goes wrong, the cost of recovering from a cyber incident can be devastating to your finances and your reputation.

A solid nonprofit cyber insurance policy helps your organization respond to and recover from digital threats that could otherwise shut down operations, damage donor trust, or drain resources. Coverage typically includes:

• Costs associated with data breaches, including notification and credit monitoring for affected individuals
• Legal defense and settlement costs
• Data recovery and restoration
• Business interruption expenses due to system outages
• Cyber extortion and ransomware attacks
• Crisis communication and public relations support

It’s about more than just your files. It’s about maintaining trust with your donors, clients, and community.

Cyber threats may be modern, but the need for peace of mind is timeless. Just like you wouldn’t skip fire insurance because your office has sprinklers, you shouldn’t skip cyber protection just because you use strong passwords.

At the Wallace Agency, we help nonprofits find affordable, easy-to-understand cyber insurance that fits their real needs. A single data breach can result in thousands of dollars in damages and long-term trust issues with your donor base. Let’s make sure your mission is protected online as well as on the ground.

Call today or click here to schedule a simple coverage review. We’ll help you find the right protection so you can keep doing good without digital disruption.