Cybersecurity vendor FireEye, in March, reported an increase in fake emails targeting lawyers and compliance officers with malware disguised as a Microsoft Word document from the Securities and Exchange Commission. In a world rife with cyber crime, the incentives to commit it grow ever stronger as just about everything of value—whether an action or an asset—has a digital component.
This article contains a list of ways private equity firms and portfolio managers can protect their clients from these increasingly sophisticated attacks, including: distributions, capital calls/drawdowns, system security, deal sourcing data and board members.