This report details the strides general partners (GPs) have been making in relation to cybersecurity and gives a snapshot of further progress needed in the space. It outlines the value of devising a clear cybersecurity strategy as well as the vital role of ongoing maintenance, monitoring and review of this plan. Securing a firm from cyber attacks is now something GPs cannot do without.
The 'Cybersecurity in Focus 2021' special report comprises four separate articles listed below, these can be read individually or as a sequence.
By A Paris — General partners (GPs) have a raft of technology solutions to choose from when looking to make sure their cybersecurity infrastructure is robust. Deploying state-of-the-art technology which meets the needs of the organisation and provides the security necessary is vital for GPs to continue operating, both from a regulatory point of view and also to ensure they continue to attract capital.
Cybersecurity is connected to every single part of a business. Having the right solution and working with experienced partners is critical. Private equity firms understand that having a robust set up in this regard is necessary to remain competitive. Those willing to learn and evolve faster are reaping the rewards in terms of harnessing the value of secure cloud-based business IT architecture.
Planning ahead must form a building block of certainty for private equity firms looking to bolster their cybersecurity infrastructure. An attack or a potential breach is bound to take place, given the current market conditions and being well-prepared is the bedrock of their defence and response to such an event.
Cybersecurity cannot be a onetime implementation exercise. It requires ongoing management, review and maintenance. And although there has been significant growth in private equity (PE) managers adopting cybersecurity software and solutions, there is still considerable progress to be made.