Risk assessment
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Linedata Breach – August 11th, 2025
Linedata’s Icon was targeted in a cyber attack on 11th August, 2025. The attack has resulted in reported outages of Icon while the investigation and recovery process are in progress. Their official statement is available here. The attack highlights that firms should always remain vigilant to an often-quoted phrase, “It’s a matter of when you’ll…
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Nearly Half of Portfolio Companies Skip Critical Cyber Testing. What Does That Mean for Your Portfolio?
In an evaluation of 1,000 cyber risk assessments, 48% of firms performed external penetration testing less than once a year, if at all. That’s a staggering gap, especially in an industry where timing and risk precision are everything. For private equity firms, this is more than a cybersecurity concern. It’s a portfolio-level business risk. One…
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AI is moving fast—are your policies keeping up?
Are you treating AI like a helpful assistant—or a ticking time bomb? AI is making our lives easier, no question. However, when introduced into the workplace without clear oversight, it can pose serious risks to your business—from regulatory exposure to cybersecurity threats. AI Risk Management Starts with Clear Policies and Communication Drawbridge’s Simon Eyre and…
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Shifting Cyber Readiness into the Front Office
Cybersecurity has transformed from a once-a-year process to an ongoing effort. Managing risk has become increasingly digital and complex within alternative investment environments. Nowadays, it’s not just regulators you need to impress but your investors as well. In our latest webinar, Drawbridge’s Simon Eyre (CISO) and Louis Cordone (Head of Client Success) sat down together…
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The Cyber Security Ecosystem: Trust but Verify
In cybersecurity, independence doesn’t mean going it alone—it means making informed decisions while leveraging a strong network of trusted providers. Alternative investment firms depend on Managed Service Providers (MSPs), cyber risk advisors, and compliance experts to enhance their security, but they must also maintain autonomy in assessing risks, implementing best practices, and verifying protections. This…
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ON-DEMAND: Cyber Readiness Redefined: Building Confidence for Investors and Managers
Gone are the days of annual cybersecurity reviews. As investor expectations evolve, cybersecurity readiness has become a critical component of risk management and protecting returns. In this webinar, our CISO, Simon Eyre, and Head of Client Success, Louis Cordone, share actionable strategies for mitigating cyber risks in today’s dynamic investment landscape. Key takeaways: Practical methods…
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Executive Snapshot: Give LPs Real-Time Insight Into Your Cyber Posture
Can you easily demonstrate and explain your compliance needs to executives? If not, you need to make such capabilities a priority, particularly when it comes to cybersecurity. According to the 2024 Investment Management Compliance Testing Survey of 595 industry participants, more than 57% of investment adviser firms reported an increase in the scope and frequency…
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The Interplay of AI, Vendor Risk, and Human Error in Cybersecurity
An effective cyber program must have the ability to continuously evaluate your critically important vendors and train your team members on the most up-to-date cybersecurity standards. Drawbridge’s CEO William Haney was recently joined by our CISO Simon Eyre and Spencer Wilson, SS&C Technologies’ Director of Strategy and Operations for a webinar all about the increasing…
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How to Protect Your Firm from AI Misuse?
Earlier this month, the New York Department of Financial Services (NYDFS) officially announced new guidance for addressing and mitigating AI-related cybersecurity risks. In its industry letter, the regulator highlights four specific risks to pay special attention to: AI-enabled social engineering AI-enhanced cybersecurity attacks Exposure or theft of vast amounts of non-public information Increased vulnerabilities due…
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ON DEMAND: 5 Quick Cyber Wins for Alternative Investment Firms
Alternative investment firms encounter an average of 200,000 cyber threats each day, resulting in approximately $100 billion in annual losses. How prepared are you to respond to third-party breaches, phishing attacks, and insider threats? In his latest webinar Greg Masino, Cybersecurity Advisor at Drawbridge, shares his five quick wins to help you reduce your cyber…
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Drawbridge Receives SOC 2 Type II Attestation
Independent audit verifies Drawbridge’s internal controls and processes New York, October 17, 2024 – Drawbridge, a firm dedicated to helping the alternative investment industry secure its assets and reputation, today announced that it has completed its SOC 2 Type II audit, performed by KirkpatrickPrice. This attestation provides evidence that Drawbridge has a strong commitment to…
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The 4 pillars of a flexible, cost-effective cyber program for emerging Hedge Funds
Establishing a robust, but flexible and cost-effective cybersecurity program is non-negotiable for emerging Hedge Funds, who are budget constrained and seeking to scale quickly. To achieve an effective cyber program, focus on developing four strategic pillars within your program: Cyber Risk Assessments A solid foundation for your cyber program begins with comprehensive cyber risk assessments,…
