Private equity firms unprepared for cyber attacks: eSentire and PEI
A report by eSentire Inc and Private Equity International (PEI) has found that most private equity firms are "gravely unprepared" to fend off cyber threats. Based on a PEI survey of close to 100 firms, the report found that over 70 percent of investors believe cybersecurity is a high risk, but only 23 percent have a fully operational and compliant cybersecurity program. Many private equity firms also lack relevant in-house expertise. Cambridge, Ontario-based eSentire is a threat detection platform. It is backed by Georgian Partners, Edison Ventures, Cisco Investments and other investors.
28 January 2016•4 mins read
