Abstract

The importance of cybersecurity for the nonprofit sector was highlighted again recently in a major way when Philabundance—a hunger relief organization based in Philadelphia—announced it had been scammed out of almost $1 million through an online “phishing” scheme. According to news reports, scammers infiltrated the organization's computer system and mimicked invoices from a company Philabundance was working with on the construction of its new community kitchen. In all, the charity paid some $923,533 to a fraudulent account set up by the thieves.

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