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Remember how we said that effective cybersecurity measures are imperative to the long-term survival of your business? Yes, we meant it. Yesterday, we talked about the increasing business concerns surrounding cybersecurity due to the ongoing events in Russia and Ukraine as well the overall importance of cybersecurity. (If you haven’t seen it, check it out...

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A horror-stricken world continues to watch closely. Since Russia invaded Ukraine, more than 1 million refugees have fled the country, the State Department reissued advisory urging Americans to leave Russia “immediately” and the price of oil surged.  Simultaneously, there has been an alarming rise of concern amid business cybersecurity. So much so that in fact,...

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What would you do if you walked into your workplace one day and found the following message:  “YOUR FILES ARE ENCRYPTED – IF YOU WANT TO RESTORE YOUR DATA YOU MUST PAY” This is a ransomware attack. These messages always include a second line demanding payment within a very short timeframe, typically with Bitcoin to...

Cyberattacks have been flooding media headlines lately but have you notice the other headlines flooding media headlines?

Cyberattacks have been flooding media headlines lately – but have you noticed the other momentum fueled reports gaining rapid attention?  Possibly, these other, more ample headlines cover record funding rounds by companies aiming to protect against all of these cyberattacks. Startups in general have experienced a remarkable explosion in funding this year but cybersecurity seems...

For private equity firms, unanticipated data breaches can induce severe consequences. They negatively impact valuations, unnerve investors, create fundraising challenges, and damage a firm’s overall reputation. Yet unfortunately, private equity firms and their funds are prime targets for hackers. In 2020, the average mid-market private equity fund grappled with over 10,000 cybersecurity attacks per day,...