Mitigate Online Donation Risks with PCI Compliance and Third-Party Risk Management
Taking donations online is a huge benefit to nonprofit organizations, but online payments also expose potential risks. To safeguard their operations and donors’ financial information, nonprofits must prioritize Payment Card Industry (PCI) compliance and third-party risk management. Nonprofits are at a higher risk of credit card test attacks than other organizations due to certain functionality…
Essential stages of a third party risk management program
Developing and maintaining a third party risk management (TPRM) program can help to reduce the overall risk to your organization. What is TPRM? In short, it is the process of analyzing and mitigating risks associated with working relationships with outside entities. These parties can include everyone from contractors providing janitorial services to suppliers of a…