813219

Other Grantmaking and Giving Services

Cyber Liability Insurance for NAICS 813219

CYB

Ranked reasons a business in NAICS 813219, Other Grantmaking and Giving Services, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.

  1. 01

    Grant and donation payments move large sums.

    • Funds are disbursed by transfer against banking instructions.
    • Instructions arrive and change electronically.
    • A diverted payment is charitable money that never reaches the cause.
    ASK
    How are banking instructions verified before disbursement?
  2. 02

    Donor records support giving and tax positions.

    • Donor identities, giving history, and payment details are held.
    • Donors rely on annual statements from those records.
    • Every affected donor must be notified.
    ASK
    What donor records and giving history do you hold?
  3. 03

    Recipient data is confidential.

    • Recipient organisations and individuals provide confidential information.
    • Some recipients work in sensitive contexts.
    • Disclosure can endanger recipients and their work.
    ASK
    What recipient and applicant data do you hold?

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