Private Equity Firms are Embracing Cyber Risk Management as a Best Practice

Private Equity firms pride themselves on implementing best practices in every functional area within their portfolio companies. Cyber Risk Management is emerging as a core business function as cybersecurity has evolved into an existential risk for organizations of all types. In addition, depending on the industry, companies are being mandated by regulators to meet increasingly rigorous compliance requirements around cybersecurity. PE firms now need real-time visibility into their portfolio companies’ cyber postures to understand where the risks reside, quantify these risks in monetary terms, and prioritize remediation activities to optimize the cyber posture of their companies and, thereby, minimize risk.  

*** This is a Security Bloggers Network syndicated blog from CyberSaint Blog authored by Guest Author - Jan Haas. Read the original post at: https://www.cybersaint.io/blog/private-equity-firms-are-embracing-cyber-risk-management-as-a-best-practice