Cybersecurity Playbook in Private Equity Report
How to reduce cyber risk during due diligence and throughout the portco holding period.
Private equity portfolio companies face a heightened risk of cyberattacks, with 68% of companies experiencing an increase in cyber incidents during the month of a buyout or M&A transaction, according to Accenture. Threat actors are aware that transactions can be a distracting period for companies, making them more susceptible to cyberattacks.
The stakes are high when it comes to cybersecurity, yet many portfolio companies don’t have the expertise or resources to develop a robust cybersecurity operating model. A cyber incident can result in financial damages, ransom payments, higher insurance rates, and a loss in trust by customers. Buyout firms could even lose trust in LPs if they fail to protect their investments from repeated cyberattacks.
This report outlines a cybersecurity playbook for private equity portfolio operations – from due diligence through value creation during the holding period.