---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-005318"
form_type: "8-K"
ticker: "BLKB"
cik: "0001280058"
company_name: "BLACKBAUD INC"
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T09:46:21.805588+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blackbaud settles FTC investigation into 2020 security incident; no fine required

## Summary
- Settlement with FTC fully resolves 2020 security incident investigation; no fine or payment required.
- Blackbaud neither admits nor denies FTC allegations; agreed to conditions including data deletion and security program.
- FTC order mandates comprehensive information security program, third-party assessments, and data retention schedule.
- Company also must implement multi-factor authentication, encrypt sensitive data, and conduct penetration testing.

## SEC filing metadata
- accession: 0001140361-24-005318
- form_type: 8-K
- ticker: BLKB
- cik: 0001280058
- company_name: BLACKBAUD INC
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280058/000114036124005318/0001140361-24-005318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280058/000114036124005318/ef20020562_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-005318
- JSON: https://secwatch.observer/filing/0001140361-24-005318.json
- Plain text: https://secwatch.observer/filing/0001140361-24-005318.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.