By Owen Morris, operations director at Doherty Associates – Covid-19 has presented multiple challenges to those working in private equity and finance, not least remote working, which looks set to continue for the future. When it comes to compliance the FCA expects it to be business as usual, despite the effects of the pandemic.
Global cybersecurity and advanced technologies investor, Paladin Capital Group, has expanded its European operations with two strategic appointments, Pratima Aiyagari, Director, and Conor O’Sullivan, Vice President, who will focus on European investment opportunities for Paladin’s Cyber Funds.
Cybersecurity firms join C5's cyber defence alliance to provide free support to the healthcare sector during the Covid-19 crisis
C5 Capital, a specialist investment firm that exclusively invests in the secure data ecosystem, has announced a number of new additions to its Cyber Alliance which is aiming to provide free support to the healthcare sector during the coronavirus pandemic
Private equity groups using cloud environments to improve their remote working capabilities under the Covid-19 lockdown need to be as vigilant as ever when it comes to cybersecurity.
By Paul Harragan, EY – For many large cap and mid-market funds, cybersecurity risk is no longer a topic that is left off the boardroom agenda, in-fact effective cybersecurity risk management is considered a key driver for value creation.
The increasing pressures on private equity firms to follow compliance rules and maintain transparency, coupled with the plethora of online systems to manage several communication avenues and priorities both internally and externally, are presenting some very real challenges for financial organisations today.
At Donnelley Financial Solutions (‘DFIN’), a leading risk and compliance solutions provider, security is embedded in its DNA. Over the years, the firm has built out an array of financial technologies to support its clients as they operate in increasingly complex markets, where risks come in a variety of forms; not least of which is the constant threat to data security.
Private equity firms are having to double down on cyber risks in the current climate, as hackers exploit the chaos caused by Covid-19 to target PE-backed companies with ransomware attacks. In a recent Bloomberg article, the point was made that as many PE owners have deep pockets, they are a prime target for ransomware attackers, especially those driving operational efficiencies to improve a company’s P&L position; this can, in certain circumstances, lead to stripped back cybersecurity operations.
C5 Capital’s founder and managing partner, Andre Pienaar speaks with tangible passion when discussing the potential for investing in female entrepreneurs in the cybersecurity space. As one of the UK’s foremost cybersecurity VC investors, C5 Capital knows what to look for when assessing innovation in the sector. In Pienaar’s view “for the future success of the sector we have to diversify”.