In this featured piece in IBS Intelligence, Drawbridge CEO Jason Elmer shares timely advice for private equity firms and their portfolio companies.
“Like most criminals, cyber hackers want an easy life. Just as burglars prefer forgotten open windows over picking front door locks as a way in, so their digital counterparts are looking for targets that offer maximum return for minimum effort.”
The best way for PE firms and their PortCos to protect their organizations is to make it as hard as possible for cyber attackers to gain access. Invest in the right real-time cyber risk monitoring, confirm all your systems are patched and up to date and have your comprehensive incident response plan tested and ready to go on a moment’s notice. Put simply: Don’t be an open window.