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Blackbaud Institute Releases New Research on Charitable Support Trends Across Generations in Australia and New Zealand

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Financial Donations Lead as Most Impactful Support Method Across Generations, but Volunteering and Advocacy Remain Vital

SYDNEY, Nov. 20, 2024 /PRNewswire/ — The Blackbaud Institute, a sector research lab at Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, has released a new report, Charitable Support Across Generations in Australia and New Zealand, that provides insights into the evolving charitable behaviors and support preferences of Gen Z, Millennials, Gen X, and Boomers. Through survey responses from over 1,000 participants, this comprehensive study uncovers generational attitudes toward nonprofit support, identifying factors influencing giving and highlighting the unique challenges facing the nonprofit sector in a dynamic philanthropic landscape.

The findings reveal that, across all generations, monetary donations remain the most impactful way to support causes. However, Gen Z places a high value on volunteering and advocacy, reflecting a shift toward active engagement beyond financial contributions. While health, animal welfare, and children’s causes remain widely supported, each generation brings unique perspectives and priorities to their charitable activities.

“Understanding the motivations and preferred support methods of each generation is essential, especially in a time of rising economic pressures,” said Kevin Sher, president and general manager of Blackbaud’s operations in Asia Pacific. “Our findings show that while financial support is universally valued, younger generations—particularly Gen Z—are redefining their approach to social impact through direct engagement in volunteerism and advocacy. Older generations, who are typically more financially established, donated the most, highlighting the continued importance of engaging Gen Xers and Boomers in the next decade. By adapting to generational supporting trends, nonprofits can deepen connections across age groups.”

Key Findings from the Report:

Generational Support Preferences: While financial donations lead across generations, Gen Z demonstrates a notable emphasis on volunteering (47%), and Boomers are more inclined to promote causes they care about. These insights suggest varied but complementary approaches to support.Top Influencing Factors: Trust, belief in the mission, and perceived urgency drive support across all generations. Transparency and privacy are especially important for younger generations, shaping their expectations for nonprofit communication.Barriers to Support: Economic constraints and time limitations are significant deterrents. A notable number of Gen Z and Millennial respondents report hesitancy due to concerns about nonprofit transparency and impact, underscoring the need for nonprofits to communicate their effectiveness.Acknowledgement Preferences: Email remains the most preferred form of recognition. However, Millennials and Gen Z value public recognition and detailed impact reporting, emphasising the importance of digital and personalised nonprofit engagement.

The report further provides actionable recommendations for nonprofits to effectively engage supporters across generations, including strategies to build trust, enhance volunteer programs, and diversify donation methods to meet evolving preferences. Get more information on Charitable Support Across Generations and access the full report here.

bbcon 2024 Sydney 
Publication of the new report follows the success of Blackbaud’s recent bbcon Sydney event, hosted in October. Over 100 Blackbaud customers, technology partners, expert speakers and Blackbaud staff attended the event to hear about the major waves of innovation that will transform the future of social impact for Blackbaud’s customers in the Australia and across the Asia Pacific region.

These announcements included a host of AI-powered solutions, enhanced functionality of Blackbaud’s core fundraising product, integrated payments experiences to help organisations raise and save more, and more flexibility to help customers extend their Blackbaud software. Breakout sessions provided the opportunity for delegates to hear best practices for fundraising, grantmaking, and corporate impact, as well as network with like-minded peers.

To learn more about Blackbaud’s most recent innovation, visit www.blackbaud.com.au/newsroom.

About Blackbaud Institute
The Blackbaud Institute develops leading-edge research and convenes expert voices to equip the social impact community with knowledge, insight, and confidence. The Blackbaud Institute draws from Blackbaud’s data set, the most comprehensive in the social impact community. In addition, the Institute facilitates public research studies to drive original qualitative and quantitative insight. Our research agenda is grounded in a commitment to topics that social impact organisations can apply immediately to better understand, benchmark, and improve their essential business operations. We are guided by our commitment to the social impact sector to provide timely, transparent, and well-rounded research that is free to access. From how organisations run to how donors give, we’re 100% focused on research and resources for this sector.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud’s essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud’s solutions are unleashing the potential of the people and organisations who change the world. Blackbaud has been named to Newsweek’s list of America’s Most Responsible Companies, Quartz’s list of Best Companies for Remote Workers, and Forbes’ list of America’s Best Employers. A remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com.au or follow us on X/Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
media@blackbaud.com

Forward-looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

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SOURCE Blackbaud

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ObjectSecurity Releases BinLens 3.0 for Advanced Binary Vulnerability Analysis

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ObjectSecurity, a recognized leader in advanced defense and industrial cybersecurity solutions, today announced the release of BinLens™ 3.0, the latest iteration of its cutting-edge binary vulnerability analysis tool.

SAN DIEGO, Nov. 19, 2024 /PRNewswire-PRWeb/ — ObjectSecurity, a recognized leader in advanced defense and industrial cybersecurity solutions, today announced the release of BinLens™ 3.0, the latest iteration of its cutting-edge binary vulnerability analysis tool.

BinLens™ takes a groundbreaking approach, leveraging advanced symbolic binary-level analysis to detect hidden and unpublished vulnerabilities, including memory-safety violations. Its superior detection accuracy dramatically lowers false-positive rate sets it apart from traditional tools.

BinLens™ addresses critical gaps in traditional cybersecurity approaches by automating the complex process of analyzing binary programs. This powerful new version provides organizations with deeper insights into vulnerabilities, enabling faster and more effective mitigation of potential threats.

BinLens™ is a bold evolution from ObjectSecurity OT.AI Platform™ 2.x, delivering a revolutionary approach to binary vulnerability analysis. Engineered to effortlessly uncover zero-day vulnerabilities with cutting-edge accuracy and minimal false positives, BinLens™ is designed for both IT and OT/ICS environments.

Leveraging advanced automation, BinLens™ streamlines traditionally labor-intensive tasks such as symbolic analysis, static analysis, disassembly, and decompilation. Unlike conventional tools that focus solely on known vulnerabilities, BinLens™ offers a proactive defense, providing organizations with unmatched flexibility through its versatile deployment options.

Conventional cybersecurity methods—such as network scans, SBOMs, and source code reviews—often fall short, detecting only known vulnerabilities and leaving critical gaps. BinLens™ takes a groundbreaking approach, leveraging advanced symbolic binary-level analysis to detect hidden and unpublished vulnerabilities, including memory-safety violations and other undefined behaviors. Its superior detection accuracy and dramatically lower false-positive rate set it apart from traditional tools.

Key Features of BinLens™ Include:

Memory Safety Detection: Identifies unsafe writes like weak pointers, stack overflows, and heap overflows to prevent data corruption, crashes, or unauthorized access.Control Flow Risk Mitigation: Detects vulnerabilities that allow user-controlled instruction pointers, safeguarding against arbitrary code execution.Array and String Violation Identification: Highlights issues such as out-of-bound array indices and externally controlled string vulnerabilities, protecting sensitive program data.Cryptographic Analysis: Evaluates encryption schemes, embedded keys, and entropy to uncover potential weaknesses in cryptographic defenses.Comprehensive Vulnerability Detection: Goes beyond published vulnerabilities, scanning for over 18,000 CVEs specific to OT/ICS binaries and nearly 140 CWEs across 30 CPU architectures.Integrated Automation: Combines tasks like disassembly, decompilation, and delta analysis into a unified “single pane of glass,” automating workflows traditionally requiring expert manual effort.Compliance Support: Maps to standards like NIST 800 and ISA/IEC 62443, helping organizations meet security and regulatory requirements.Flexible Deployment Options: Supports both on-premises (including Kubernetes clusters) and cloud environments, catering to the needs of DoD, government, and critical infrastructure sectors.

Serving a Broad Range of Users:

Red Teams, Reverse Engineers, Threat Hunters, and Vulnerability Researchers: Accelerate workflows and gain deeper insights.DevSecOps Engineers, QA Testers, and Developers: Detect vulnerabilities missed by source code analysis and integrate findings into DevSecOps pipelines.Operators, Procurement Teams: Mitigate supply chain risks by analyzing software during procurement, deployment, and patching, including legacy devices.

Availability

BinLens™ 3.0 is officially available starting today, November 15, 2024. Organizations can obtain the latest version directly from ObjectSecurity or through our network of authorized partners. For more information on licensing options or to schedule a demo, please visit ObjectSecurity BinLens at https://objectsecurity.com/binlens.

About ObjectSecurity

ObjectSecurity LLC is a trusted leader in solving complex, evolving cybersecurity and supply chain risk challenges that threaten national security and critical operations. Specializing in advanced cybersecurity solutions for both IT and OT/ICS systems, ObjectSecurity focuses on automating and streamlining security processes. With innovative tools like BinLens™, the company empowers organizations to proactively identify and mitigate vulnerabilities at their core—within software code and data.

ObjectSecurity’s holistic, proactive approach is designed to prevent cyberattacks and minimize production downtime across critical industries, including military defense, municipal smart cities, public and private transportation, energy, wastewater treatment, power utilities, manufacturing, and life sciences.

With over two decades of experience, ObjectSecurity has been a trusted provider of cybersecurity and supply chain risk management solutions to U.S. defense and federal agencies. Today, these cutting-edge technologies are commercially available to government and private sector organizations.

Headquartered in San Diego, CA, ObjectSecurity is a privately held company with a global presence.

For more information, visit

BinLens™ https://objectsecurity.com/binlens

ObjectSecurity https://objectsecurity.com

Media Contact

Dan Mathews, ObjectSecurity LLC, 1 6505153391, press@objectsecurity.com, https://objectsecurity.com

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SOURCE ObjectSecurity LLC

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Hydra X Becomes the first Licensed Custodian in APAC to Provide Custody for Canton Coin

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SINGAPORE, Nov. 20, 2024 /PRNewswire/ — Hydra X today announced that it is the first licensed custodian in APAC to provide custody for Canton Coin, marking a significant milestone for both Hydra X and the Canton Network ecosystem. In this groundbreaking collaboration, SBIVC will become the first Canton Network ecosystem member to leverage Hydra X’s industry-leading custody services for Canton Coin.

Supporting Canton Coin will enable Hydra X’s clients across APAC, such as SBIVC, to bring regulatory-grade digital assets to market, utilizing the full potential of tokenization and Canton Network’s privacy-first architecture. Hydra X will partner with Digital Asset to integrate its tokenization utility, allowing institutional clients to securely issue and manage digital assets while maintaining full control over privacy and data sovereignty—a hallmark feature of the Canton Network.

“SBIVC is excited to be the first Canton Network ecosystem member to leverage Hydra X’s industry-leading custody services for Canton Coin. Hydra X’s strong track record in regulatory compliance and security makes it an ideal partner for this initiative. This partnership is a crucial step in delivering the secure, privacy-preserving infrastructure that is required to foster confidence in digital assets for institutional players across APAC,” said Eiichiro So, CEO of SBIVC.

“Becoming the first licensed custodian in APAC to support Canton Coin is a significant achievement for Hydra X,” said Ng Wee Hao, COO of Hydra X. “This partnership with Digital Asset and SBIVC enables us to leverage the full power of the Canton Network’s privacy and security features, reinforcing our commitment to providing secure, regulatory-compliant solutions.  Our clients can now confidently navigate the digital assets space, supported by a scalable solution that meets the highest regulatory standards.”

About Hydra X:

Hydra X is a regulated capital markets infrastructure company, developing technology and financial services to power the next generation of tokenized financial markets. Its comprehensive solutions span the entire capital markets lifecycle, from securitization, primary issuance and secondary trading, to custody and settlement.

As a regulated digital asset custodian licensed by the Monetary Authority of Singapore, Hydra X provides institutional-grade custodial services for a broad range of digital assets, including security tokens and digital payment tokens, and is one of the largest security token custodians in APAC.

For more information, visit our website or Linkedin.

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SOURCE Hydra X

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Cargobase Secures SOC 2 Compliance For Leading Spot Freight Automation & Transportation Management System (TMS)

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SINGAPORE, Nov. 20, 2024 /PRNewswire/ — Cargobase, a logistics technology platform for enterprise shippers, today announced that it has achieved SOC 2 Type II compliance, specifically meeting the Security, Availability and Confidentiality (SAC) Trust Services Criteria. This independent verification underscores Cargobase’s commitment to data security, system reliability and the protection of sensitive information, reinforcing the company’s dedication to setting industry benchmarks in secure logistics solutions. This attestation complements Cargobase’s ISO 27001 certification, further strengthening the foundation of trust our customers rely on.

“We’re proud to announce that Cargobase has achieved SOC 2 Type II compliance, demonstrating our commitment to data security and meeting the evolving needs of our clients. Recognizing the growing importance of this requirement within the industry, we’ve invested in robust security measures to provide our customers with the confidence and assurance they require,” said Wiebe Helder, CEO at Cargobase.

“In the dynamic world of logistics and supply chain management, large volumes of sensitive data are exchanged daily,” said Arnout Wagenaar, Chief Strategy Officer at Cargobase. “Data security is paramount for our customers, who entrust us with information critical to their operations. Achieving SOC 2 Type II compliance underscores our unwavering commitment to data integrity and protection, thus building trust with our partners and allowing us to better serve the needs of enterprise shippers worldwide.”

Understanding SOC 2 Compliance

The SOC 2 framework is a globally recognized standard developed by the American Institute of CPAs (AICPA). It focuses on Trust Services Criteria, including Security, Availability and Confidentiality to ensure that systems are protected from unauthorized access, reliably available to customers and employees, and that sensitive information remains confidential.

What is SOC 2 Type II Compliance?

Obtaining a SOC 2 report involves a CPA audit to attest to an organization’s security controls. It aims to determine whether the controls put in place are designed correctly.

Type I reports evaluate an organization’s controls at a single point in time, whereas a Type II report examines how well those controls perform over a period of time (typically 3-12 months).

What it means for our customers

This achievement reaffirms Cargobase’s position as a trusted partner for enterprise shippers worldwide. By prioritizing data security, we empower our clients to navigate the complexities of global logistics with peace of mind.

ABOUT CARGOBASE

Founded in Singapore in 2013, Cargobase is a global logistics software company whose mission is to simplify logistics for all. Its solution: “Logistics Software That Works”.

The Cargobase platform is designed for shippers to manage their local, regional or global supply chains across all freight modes, giving logistics professionals the visibility and control to make better decisions from day one.

Cargobase TMS is used in 50 countries by leading enterprise shippers across Automotive, Semiconductor, Oil & Gas and Industrial Machinery sectors. Cargobase has offices in Singapore, Malaysia, Netherlands, Mexico, and the United States.

For more information, visit www.cargobase.com.

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SOURCE Cargobase Pte Ltd

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