RSM US LLP
Making cybersecurity part of your company's DNA
July 30, 2021
Considerations for right-sizing cybersecurity for PE investment
VIDEO | July 16, 2021
Authored by RSM US LLP
“What are the acceptable risks that the organization is going to take? Can the organization accept the downtime scenario of one day? Of several days? Those are things that need to be considered prior to moving the cybersecurity program forward.”
—Anthony Catalano, RSM Director, National Cyber Lead for Private Equity
The first question to ask yourself is, “how much do you care?”
Many companies are facing a larger cybersecurity threat than ever before, according to RSM US Middle Market Business Index 2021 Cybersecurity Special Report. While the risks cybercriminals pose to businesses are clear, the amount of cybersecurity private equity firms will want to protect their investments are often less obvious.
This video discusses the considerations behind several questions private equity firms and portfolio companies should ask themselves, including:
- What are the risks we are willing to accept?
- How much do we care about a downtime scenario?
- Where is my next best security dollar spent?
- How can we implement a cybersecurity program that will create value for the company?
RSM directors Oliver Snavely, Private Equity Lead for Risk Consulting, and Anthony Catalano, National Cyber Lead for Private Equity, draw from their experience working with investors and their portfolio companies to outline how much cybersecurity is “enough,” and what that looks like.
Video originally published by ACG.
This article was written by RSM US LLP and originally appeared on 2021-07-16.
2021 RSM US LLP. All rights reserved.
https://rsmus.com/what-we-do/industries/private-equity/Making-Cybersecurity-Part-of-Your-Companys-DNA.html
RSM US Alliance provides its members with access to resources of RSM US LLP. RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each is separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to RSM International resources through RSM US LLP but are not member firms of RSM International. Visit rsmus.com/about us for more information regarding RSM US LLP and RSM International. The RSM logo is used under license by RSM US LLP. RSM US Alliance products and services are proprietary to RSM US LLP.
Hylant is a proud member of RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States. RSM US Alliance provides our firm with access to resources of RSM US LLP, the leading provider of audit, tax and consulting services focused on the middle market. RSM US LLP is a licensed CPA firm and the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.
Our membership in RSM US Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise, and technical resources.
For more information on how Hylant can assist you, please call 800-249-5268.
Related Insights
Video originally published by ACG.
This article was written by RSM US LLP and originally appeared on 2021-07-16.
2021 RSM US LLP. All rights reserved.
https://rsmus.com/what-we-do/industries/private-equity/Making-Cybersecurity-Part-of-Your-Companys-DNA.html
RSM US Alliance provides its members with access to resources of RSM US LLP. RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each is separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to RSM International resources through RSM US LLP but are not member firms of RSM International. Visit rsmus.com/about us for more information regarding RSM US LLP and RSM International. The RSM logo is used under license by RSM US LLP. RSM US Alliance products and services are proprietary to RSM US LLP.
Hylant is a proud member of RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States. RSM US Alliance provides our firm with access to resources of RSM US LLP, the leading provider of audit, tax and consulting services focused on the middle market. RSM US LLP is a licensed CPA firm and the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.
Our membership in RSM US Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise, and technical resources.
For more information on how Hylant can assist you, please call 800-249-5268.