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Investing in Security: Reducing Cyber Risks in Private Equity with Eldon Sprickerhoff and Ryan Westman
Manage episode 407823269 series 3395682
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Private Equity (PE) firms are increasingly targeted due to their comprehensive disclosure requirements, possession of sensitive data, and wide network of portfolio companies, making them lucrative targets for cybercriminals. What's more, threat actors exploit these characteristics to gain access to an extensive network by breaching just one entity.
In this episode of Cyber Talks, Ryan Westman and Eldon Sprickerhoff dive into the intricate relationship between private equity firms and their portfolio companies concerning cybersecurity.
Key takeaways of the episode include:
- Reasons PE firms are attractive targets for cybercriminals, including their access to sensitive data and extensive networks
- Unique challenges PE firms face, such as limited visibility and control over cybersecurity measures across their portfolio companies and the diverse range of cyber risks associated with investing across multiple industries
- Common misconceptions about cybersecurity postures among PE firms, the evolving tactics of cyberattackers, and the critical role of user awareness in preventing attacks
- Recommendations to defend against remote exploitation and the misuse of valid credentials
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About Cyber Talks
From ransomware attacks to supply chain compromises, eSentire’s Cyber Talks podcast will delve into the world of the latest cyber threats that are impacting businesses globally. Join our team of security experts as we speak with C-level executives and security practitioners about the cyber risks affecting their business and how they’re addressing these challenges.
About eSentire
eSentire, Inc., the Authority in Managed Detection and Response (MDR), protects the critical data and applications of 2000+ organizations in 80+ countries, across 35 industries from known and unknown cyber threats by providing Exposure Management, Managed Detection and Response and Incident Response services designed to build an organization’s cyber resilience & prevent business disruption. Founded in 2001, eSentire protects the world’s most targeted organizations with 65% of its global base recognized as critical infrastructure, vital to economic health and stability. By combining open XDR platform technology, 24/7 threat hunting, and proven security operations leadership, eSentire's award-winning MDR services and team of experts help organizations anticipate, withstand and recover from cyberattacks. For more information, visit www.esentire.com and follow @eSentire.
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