Pulse of Truth

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Cyber Security news and links to cyber security stories that could make you go hmmm. The content is exactly as it is consumed through RSS feeds and wont be edited (except for the occasional encoding errors).

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Cyber risk is becoming a hold-period problem for private equity firms (www.helpnetsecurity.com)

submitted 1 day ago by lemmydev2 to c/pulse_of_truth

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Private equity firms have spent years treating cybersecurity as an IT hygiene issue inside portfolio companies. That approach is getting harder to sustain as ransomware, data theft, and regulatory pressure interfere with value creation during the hold period. Has cybersecurity risk had any financial impact on your portfolio companies? (Source: Kroll) A recent Kroll survey of 325 private equity portfolio leaders found that 80% of firms experienced some form of disruption tied to cybersecurity risk … More → The post Cyber risk is becoming a hold-period problem for private equity firms appeared first on Help Net Security.

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[–] webghost0101@sopuli.xyz 1 points 1 day ago

Ffs, i saw the chess thumbnail and got exited for a sec.