Le Lézard
Classified in: Science and technology, Business
Subjects: TNM, PDT, BFA, SBS

Private Equity Firms Gain Enhanced Cyber Due Diligence and Portfolio Assessments with New Tool from BlackSwan Cyber


SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- BlackSwan Cyber, a leading M&A Cybersecurity Advisor, has announced the release of its Cyber Maturity Assessment Platform. This tool is designed to enable private equity firms to improve their approach to cyber due diligence and portfolio cybersecurity management.

The Cyber Maturity Assessment Platform, also referred to as CyMAP, was built on BlackSwan's proven Cyber Threat Due Diligence Framework. CyMAP empowers private equity firms to perform cybersecurity assessments on both potential acquisitions and existing portfolio companies.

Peter White, Managing Partner at BlackSwan Cyber, states, "In today's environment of heightened regulatory oversight and investor scrutiny, cybersecurity poses a significant risk for private equity firms. Traditional methods of managing these risks are becoming inadequate. Manual assessments by third parties, while thorough, are costly and time-intensive, often reaching into the low to mid five-figure range per assessment. This makes scaling across multiple investments challenging.

Peter further explains that CyMAP simplifies the cybersecurity evaluation process, making it not only more cost-effective but also aligned with best practices. "For target companies, CyMAP offers a consistent and robust cyber due diligence process, enabling quick and thorough evaluations of their cybersecurity posture. This assessment is crucial in helping firms determine how well a potential acquisition aligns with, or diverges from, their existing portfolio's cybersecurity standards, leading to more informed investment decisions."

Additionally, CyMAP includes a user-friendly dashboard that offers private equity firms a holistic view of their portfolios and any potential acquisitions. This feature allows them to efficiently identify and address cybersecurity vulnerabilities across their holdings, ensuring that all companies adhere to the firm's cybersecurity standards.

CyMAP also assists private equity firms in aligning with the SEC's proposed cybersecurity updates to Regulation S-P. Peter emphasized that BlackSwan developed the tool in partnership with private equity professionals as well as Data Privacy and M&A attorneys. "As a result, we believe the platform will have great credibility within the private equity market." he added.

For more information about CyMAP and BlackSwan Cyber, please visit www.blackswancyber.com/cymap.

About BlackSwan Cyber
BlackSwan Cyber stands as a leading M&A Cybersecurity Advisor, dedicated to addressing the complex cybersecurity needs of the private equity sector. Our firm is recognized for the creation and implementation of the Cyber Threat Due Diligence Framework, an approach that showcases our commitment to integrating cybersecurity with investment strategies.

Media Contact:
Peter White
(650) 543-8106
[email protected]

SOURCE BlackSwan Cyber


These press releases may also interest you

at 01:00
Rockwell Automation, Inc. , the world's largest company dedicated to industrial automation and digital transformation, today announced a new multi-year, global partnership with IONETIC, a UK startup dedicated to making EV batteries affordable for...

at 01:00
Award-winning global Insurtech BOXX Insurance Inc. that combines cyber insurance and security has announced the launch of a cutting-edge cyber risk solution in collaboration with Zurich Insurance Group in Switzerland, providing digital protection for...

at 00:45
PropertyGuru Group Limited ("PropertyGuru" or the "Company"), Southeast Asia's leading1, property technology ("PropTech") company, today announced financial results for the quarter ended March 31, 2024. Revenue of S$37 million in the first quarter...

at 00:15
The Bradford Exchange Mint, source for coins of enduring value worldwide, announces an extraordinary tribute to the "Greatest Generation" heroes as we mark the 80th anniversary of D-Day. D-Day ? 6 June 1944 ? over 150,000 heroic Allied forces from...

at 00:01
U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2024-2025 Best Places to Live in the U.S. The new list ranks 150 major U.S. cities based on value, desirability, job market and quality of life....

at 00:00
Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, "Astellas") today announced that it signed a memorandum of understanding with YASKAWA Electric Corporation (YASKAWA) to begin discussions on the creation of an innovative cell therapy...



News published on and distributed by: