Cybersecurity risks are omnipresent. September’s hack of MGM Resorts International and Caesars Entertainment showed just how vulnerable companies can be, no matter how large or small.
Institutional asset owners and asset managers, and private equity firms especially, are uniquely positioned to be victims of cyberattacks, with “treasure troves of sensitive information,” as one technology manager put it, there for the taking. Any cybersecurity incident can have drastic consequences for the firms, their portfolio companies and their sensitive information. READ MORE