Third party crasher
17.07.2024 – Articles
We teamed up with supply chain security specialist Risk Ledger, to detail the growing risk of third party breaches at both GP and portfolio company levels
Fund managers dedicate a lot of time, effort, and resources to mitigating cyber attacks at both the GP and portfolio level.
There are in essence only five ways a company can be targeted by threat actors:
Networks
Applications
Physical premises
People
Suppliers
The first four methods tend to be well covered, however, suppliers are often overlooked – especially when it comes to managing the cyber threats of portfolio companies.
Supply chain risk has come into sharp focus in recent months with one GP having to suspend trading in a portfolio company due to a third party attack, while another manager has been forced to write off an investment entirely.