In the News
Drawbridge is featured regularly in leading financial and cybersecurity publications. Explore the latest press coverage, interviews and expert commentary on how we help alternative investment firms raise their guard.
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Drawbridge Debuts Real-time View of Cyber Risk for Alternative Investors
Simplifies cyber governance for executives at alternative investment managers with an on-demand, actionable summary of cyber readiness New York, November 7, 2024—Drawbridge is debuting a real-time executive summary of a manager’s cyber risk program. The aim is to enable alternative investment managers (alts managers) to strengthen executive confidence in their firm’s cyber posture by working…
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Don’t make these cybersecurity mistakes in your next ODD review
Cybersecurity risk is now considered a business and operational risk. This is especially relevant when it comes to ODD reviews. Evaluations of your cybersecurity program should be an ongoing activity to help prove to your board that you are taking incremental progress in protecting your firm and investments. This segues perfectly to mistake #1: Treating…
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Who’s who on your cybersecurity ODD team?
Since you are the team owner for the ODD team, you report on cybersecurity resources to your board and investors. We get that cybersecurity may not be the most exciting thing about your job. The good news is you don’t have to do it all. However, you do have to intelligently articulate how players on…
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Why cybersecurity programs are a must-have for emerging funds
Emerging managers face a vicious fundraising market and coupled with the increasing requirements for regulatory compliance they can quickly lose their agile edge in a marketplace. On face value, cybersecurity feels like an anchor to their firm but there are incredible advantages to the start-up fund that might not be initially apparent. It’s not just…
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Digital Operational Resilience Act (DORA): Bolster your operational resilience today across five pillars
When the Digital Operational Resilience Act (DORA) comes into effect in January 2025, it will impact 21 covered entities from investment firms to ICT third-party service providers. Is your firm ready? Now is the time to evaluate your preparedness and implement the necessary strategies to ensure compliance ahead of the deadline. Unlike previous cybersecurity regulations, GDPR and…
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Cyber Defense Magazine: Is your firm ready for the SEC?
The proposed SEC regulations have raised the stakes for cybersecurity – how can firms ensure compliance? In this article for Cyber Defense Magazine, Drawbridge President Jason Elmer highlights “Ensuring a firm’s effective cyber posture is not an overnight process – it requires ongoing risk assessments and an actionable road map to identify existing vulnerabilities and correct for the future. With appropriate…
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Ignites Europe: Asset managers ‘among new cyber targets for Russia’
Can asset management firms linked to critical infrastructure be the prime target for a cyberattack? In this article for Ignites Europe, Drawbridge CISO Simon Eyre says: “It is entirely plausible to see how an active asset manager becomes a target for attack.”
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Finextra: Why underwriters are struggling to price cyber risk insurance policies
Cyber is the most important global business risk for 2023 but underwriters are struggling to price cyber risk policies because they don’t have the tools to accurately determine their clients’ risk posture. In this article for Finextra, Drawbridge Founder and President Jason Elmer highlights why cybersecurity measures are essential and cyber insurance coverage, as an…
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Mergermarket: Drawbridge partners will be opportunistic about M&A, CEO says
Drawbridge has found a niche in working for small to medium sized funds for alternative asset managers that don’t have an in-house chief information security officer or IT department, and the company sees promising growth opportunity in recent federal regulations encouraging companies to bring cybersecurity in-house. In this article for Mergermarket, Drawbridge CEO Bill Haney…
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TabbFORUM: Is your C-suite communication gap attracting cybercriminals?
Internal communications gaps are often the first significant crack in a company’s cybersecurity defenses – and can quickly create vulnerabilities and become a barrier to implementing best practices across the business. In this article for TabbFORUM, Drawbridge President Jason Elmer highlights the critical steps firms must take to enhance communication between CISOs and CEOs, assign…
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Cybersecurity Law Report: Ten cybersecurity resolutions for financial services firms in 2023
Companies in the financial services sector are a natural target for hackers given the value and nature of the data they manage. Faced with this threat, there are a number of steps firms can take to mitigate risk. In this article for Cybersecurity Law Report, Drawbridge President Jason Elmer shares his input on how companies…
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Cyber Security Intelligence: Cybersecurity: Prepare for the year ahead
2022 was a notable year for financial services cybersecurity regulations including increased requirements from the SEC. The new SEC proposed comprehensive rule change will clarify the expectations of firms to achieve compliance, meaning many firms will have to fortify their cybersecurity strategies for 2023. In this article for Cybersecurity Intelligence Drawbridge CISO Simon Eyre predicts increased penalties…
