Insights
The cyber landscape never stops shifting – and neither should your perspective. Our Insights bring you expert commentary, thought leadership and practical guidance on the issues shaping the alternative investments sector. Stay ahead of regulators, satisfy investors, and strengthen your resilience with analysis from the team that knows your world best.
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How a cybersecurity breach disrupts your Portfolio Company’s exit performance
For Venture Capital and Private Equity, Q1 of 2024 were challenging times, considering the high interest rates and hesitant investors. A cyber breach on your PortCo’s shouldn’t become one of those challenges. Here’s the cybersecurity perspective on how to ensure a smooth exit. What you should know – To safeguard deals, Private Equity and Venture…
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3 components of ethical hacking for Alternative Investment and Wealth Managers
The business value of the three components of ethical hacking boils down to this: Every Manager needs multiple cyber approaches to achieve operational and cyber resilience. Ensuring resilience helps firms to meet investor, board, and regulatory requirements, which is beneficial during fundraising and operational due diligence reviews. What you should know—Ethical hackers are experienced professionals…
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Do Managers with a small staff still need a cyber program?
The answer is yes. Managers with fewer than 10 employees still need a strong cyber program. Cyber crime affects any size of business but the smallest Investment Managers face heightened threats from social engineering and poor credential management. What you should know – Small companies and firms suffer from a disproportionate number of attacks…
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Cyber vs IT vs Compliance
Cybersecurity, IT providers (such as a managed service provider), and compliance vendors don’t perform the same functions. But you need to engage all three independently to meet investor and regulator expectations. What should you know – Regulators and investors are establishing the standard of an independent audit in cybersecurity risk. Cybersecurity in the Alternative Investment…
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Hedge Fund launch roadmap: Where does cybersecurity fit in?
Launching a Hedge Fund is complex in the best of times but don’t let establishing a robust cybersecurity program add to that complexity. What you should know – A strong cybersecurity posture is expected at the earliest stages of launching a new Hedge Fund, by both investors and regulators alike. A well-designed cyber program can: …
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SEC Cyber Rule for Advisors vs. the Public Disclosure Rule
How the April 2024 SEC Cyber Rule differs from the Public Disclosure Rule, and what it means for you as an Alternative Asset Manager. What you need to know – How the SEC Cyber Rule differs from the Public Disclosure Rule . To help you prepare for the new cyber rule, let’s answer three essential…
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Vendors – The overlooked cybersecurity risk for Private Equity firms
Performing annual Vendor Risk Assessments are a critical step that help Private Equity (PE) firms proactively manage the chances and impact of a cyber breach. Though vendors play a crucial role in streamlining firms’ operations, cyber risks among third-party vendors present a real and present threat. What you should know – Top third-party vendor risks for…
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Why Cyber Risk Assessments are crucial for Private Equity firms & their Portfolio Companies
A successful cyber breach threatens Private Equity assets, reputation, and Portfolio Company (PortCo) valuation. What you should know –An undetected and unaddressed breach can lead to: Tarnished business reputations for you and your PortCo’s. Material financial losses from ransom to theft. Legal ramifications for non-compliance with current cybersecurity standards. Operational disruptions impacting the PortCo clients…
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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,…
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5 Essential cybersecurity steps for Portfolio Companies
With sensitive financial data and confidential client information at stake, ensuring compliance and preparing for potential cyber attacks is not just a good idea – it’s an absolute necessity. Cybersecurity is no longer considered just an IT risk. It’s a business risk. Private Equity firms and/or their Portfolio Companies (PortCo’s) risk steep financial costs as…
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What investors are concerned about in an operational due diligence review
What’s worse than having to address cybersecurity in your Operational Due Diligence (ODD) review? Getting caught with a dismal cyber program riddled with unaddressed vulnerabilities. Consider this unassailable fact: your investors care about strong cybersecurity. During initial ODD, your investors want to identify risks. During periodic, likely annual, reviews, investors want to see whether or…
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Cybersecurity trends from 2023 for Wealth Management Firms
As we embark deeper into 2024, it’s crucial for Wealth Management firms to recognize the increasing vulnerability they face in the realm of cybersecurity. Partnering with a firm who focuses on cybersecurity is paramount to managing cyber threats and meeting specific cyber-related regulatory requirements. In this blog post, we delve into trends from…
