PE under cyber attack
- As cyber attacks become more frequent and more sophisticated, are private equity firms doing enough to protect themselves?
Private equity firms are under threat. In the last month, three UK-based buyout firms have fallen victim to a cyber threat group dubbed ‘The Florentine Banker’. In these cases, the Israeli cybersecurity company Check Point was able to intercept $1.3m, but only half the money was recovered.
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Categories: AnalysisOutsourcingIT & cyber security