Private equity fund-level technology leaders can play an impactful role in protecting their portfolio companies from cyber-attacks, from due diligence through exit By John Hauser, EY Americas Transaction Support – Cyber Due-Diligence Leader, Ernst & Young LLP Private equity funds are struggling with a recent wave of cyber attacks affecting their portfolio companies. The FBI, private equity leaders and EY-Parthenon teams steeped in cybersecurity consulting are seeing a measured increase in cyber activity targeting PE transactions and portfolio companies, where victims are perceived to be easier targets with deep pockets to pay extortionate ransomware demands.

Source: Cyber Defense Magazine