Venture Capital/Private Equity
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Privately-Backed, Midsize Companies are Becoming Targets for Hackers. Here’s How to Respond.
This week, the Wall Street Journal published an important article on cybersecurity for Private Equity and Venture Capital, with a focus on cyber risks facing Portfolio Companies. The Journal presents three key takeaways: Key Takeaways Midsize companies raising capital, or who have recently announced funding, are becoming increasingly attractive targets for hackers. A “perfect storm” of reasons…
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Cybersecurity Best Practices for Venture Capital Firms
Technology-focused investment firms are at elevated risk for cyber breaches of any kind, even relative to more traditional or diversified funds. As cybercriminals continue to advance their methods for stealing from and defrauding businesses, it is important to consider one’s cybersecurity measures and how to fight back against advancing crime–particularly for the partners and employees…
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Market Spotlight: The Necessity of Cybersecurity for Venture Capital Firms
Investment firms of all types are at a risk for data breaches. In this modern era, firms are dealing with personal and financial information often at a digital level. Because of this, the risk for potential cyber-attacks increases, and the manner with which malicious parties attack these firms are in constant flux. Venture capital firms…
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Service Spotlight: Portfolio Companies and Identifying Threats with Drawbridge
As noted by Drawbridge’s experienced cybersecurity team, portfolio companies and their Private Equity / Venture Capital owners find themselves at heightened risk for cybersecurity breaches of all kinds These cyber attacks, which are often costly and disruptive to business, are becoming more frequent in recent years, especially during the COVID-19 pandemic. It is important to…
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Market Spotlight: Protect your Private Equity Firm from Cyber Threats with Drawbridge
An industry as complex as private equity requires solutions that are specifically built for the unique needs of this industry. Leaders of private equity firms must be able to understand the cyber risks that pose a threat specifically to the private equity industry. At Drawbridge, we are equipped with the tools and expertise to help you…
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Building a culture of security
Originally Published in Private Equity Wire. By A Paris — General partners (GPs) have a raft of technology solutions to choose from when looking to make sure their cybersecurity infrastructure is robust. Deploying state-of-the-art technology which meets the needs of the organisation and provides the security necessary is vital for GPs to continue operating, both from a…
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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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Cyber Risk Continues to Plague Financial Services
Originally Published in Corporate Compliance Insights. The eventuality of a cyber attack is cause for concern for all kinds of organizations, but lately the financial services industry has been especially afflicted. Drawbridge’s Martin Passante explores the growing cybersecurity threat in financial services and how firms can proactively prepare. Cybersecurity is a growing concern for firms in…
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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…
