Blackbaud, Inc. filed an 8-K on October 5, 2023, announcing the settlement of a multi-state investigation regarding a 2020 security incident. Blackbaud agreed to pay $49.5 million to 49 states and D.C. to resolve allegations related to a cyber criminal removing a subset of data from its environment. The settlement requires compliance with consumer protection laws, HIPAA, and improved cybersecurity programs. California's investigation remains unresolved.