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Cyber-Risk and Governance

A leading private equity firm taps cloudskope to decrease portfolio risk

Private equity firm elevates cybersecurity and risk across their portfolio companies driven by M&A and GDPR.
Picture of Sand Hill Road sign in Menlo Park, CA
Picture of Sand Hill Road in Menlo Park, CA

THE PROBLEM

A leading private equity firm set out to create a consistent methodoology and opearational plan for cybersecurity and data protection across all their portfolio of global companies in 6 months or less. The European Union’s (EU) Global Data Protection Regulation (GDPR) was a key driver of this initiative at a time when the political climate was non permissive. The goals of this initiative included the ability to monitor and analyze overall cyber threats and response team performance in order to plan prevent actions for offices which considered to be at risk

HOW CLOUDSKOPE HELPED

The Cloudksope Cybersecurity and Risk teams helped the company develop a scalable and repeatable cyber and vendor risk assessment process with specific processes for M&A and post close integration that includes:

  • Due-diligence checklists and process for pre-deal analyses
  • Tiered ranking systems to idenfify critical risks
  • 360 lens and metrics on several areas of operation
  • Assessment workflows, process and project management
  • Deal tracking dashboards for a single pane of glass across all companies

THE RESULTS

Systematic and comprehensive risk reports and overview across their entire portfolio:

  • A newly integrated and uniform risk analysis process across all portfolio companies
  • Risk reports across each individual portfolio company
  • Cohort analysis of risk across multiple categories
  • End-to-end program for cyber, risk and EU, GDPR across every company.

Sisence Dashboard for Cyber
CONCLUSION

The final result of this highly successful project was the deveopment of a holistic view of threats and risk across the entire portfolio of companies, with actionable items for remediation classified by each individual company, and the elevation of risk mangement to the boardroom in a completely new way.