Program management
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Ongoing maintenance vital for successful cybersecurity
Originally Published in Private Equity Wire. Cybersecurity cannot be a one-time implementation exercise. It requires ongoing management, review and maintenance. And although there has been significant growth in private equity (PE) managers adopting cybersecurity software and solutions, there is still considerable progress to be made. “It is clear we’re still working within an industry that is…
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Drawbridge Announces Growth Equity Investment from Long Ridge Equity Partners
Minority investment follows a continued period of significant revenue growth and global expansion. Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced it has closed a minority investment from Long Ridge Equity Partners. Drawbridge will use the funds to accelerate product innovation, expand sales and marketing activities across…
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U.S. Treasury, Commerce Departments hacked through SolarWinds compromise
Hackers broke into the networks of the Treasury and Commerce departments as part of a global cyberespionage campaign revealed Sunday. In response to what may be a large-scale penetration of U.S. government agencies, the Department of Homeland Security’s cybersecurity arm issued an emergency directive calling on all federal civilian agencies to scour their networks for…
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Availability – The Forgotten Stepchild of Cybersecurity
On an early Monday in the lock-down process for the UK, many companies settled their staff into the comfort of their homes and logged into Corporate services to test their networks. Some of those using collaboration tools from Office365 were greeted with the message “We’re investigating problems in Microsoft Teams…”. A truly unfortunate start to…
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Returning to the Office as Pandemic Restrictions Ease
With many of the COVID-19-related restrictions easing up around the country, returning to the office will come with its own set of security-related challenges. In addition to using the Drawbridge Platform, the items below should be considered as you plan to return the firm to business as usual: Machines that have been off for a prolonged period…
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“All in this together”: How hedge funds are tackling cybersecurity challenges in the COVID-19 lockdown
Originally Published in HedgeWeek. With the closure of non-essential workplaces during the COVID-19 pandemic shaking up the way financial services companies do business, the remote working environment is raising an assortment of operational challenges for hedge fund firms, spanning communication technology, data and information security, and infrastructure vulnerability. When the UK lockdown was announced last month…
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Please Surf Responsibly: Drawbridge’s Best Practices for Building a Safer Internet
Safer Internet Day – February 11, 2020 The key to teaching your children and teens about Internet Safety is: Start NOW Safer Internet Day, a worldwide event observed on February 11th, aims to promote the safe and positive use of digital technology for all users – especially children and teens. Drawbridge’s mission is to keep…
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How Private Equity Firms Can Mitigate Portfolio Company Cybersecurity Risk
Driven by investors’ demands and regulatory expectations, private equity firms have made significant progress in protecting their data. However, many of their portfolio companies don’t have those same incentives and have not put the same level of cybersecurity protections in place. In a guest article, Jason Elmer, the managing partner at Drawbridge, explains how firms…
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CYBERSECURITY NEWS ALERT: December 2018
On December 20th, the Financial Industry Regulatory Authority (FINRA) released a report detailing the effective cybersecurity practices and common risks observed during recent examinations. The report focused on the following key areas: Branch Controls Phishing Attacks Insider Threats Penetration Testing Mobile Device Security Branch Controls: Maintaining rigorous cybersecurity controls is a firm’s best defense against attacks…
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Nearly one-third of firms face up to 10 cyber attacks – Business Insurance
A report by U.K.-based Sapio Research found that more than 30% of local financial firms suffered up to 10 cyberattacks in the last 12 months, Finance.co.uk reported. The report found that financial firms experienced an average of five attacks apiece. Nearly half of IT executives said that small businesses do not know how to implement…
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Lessons From the SEC’s First Red Flags Rule Settlement – The Cybersecurity Law Report
Thumb drives are often considered unassuming devices that make the transfer of digital data easy through quick access to ports from one device to another. However, recent findings from the FBI have shown malicious parties using thumb drives in order to infect recipients’ computers with malware. Cybersecurity Dangers of Thumb Drives Cyber attacks have been…
