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
376946@email4pr.com
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SOURCE BlackSwan Cyber