Cybersecurity threats pose existential risks to private companies. IKON Group’s portfolio cybersecurity program helps companies protect themselves and their customers from digital threats.
Threat Landscape
Ransomware, business email compromise, data breaches, and supply chain attacks are the dominant cybersecurity threats facing private companies. The average ransomware attack costs $4.5 million including downtime and recovery expenses.
Portfolio Baseline Standards
IKON Group requires all portfolio companies to meet minimum cybersecurity standards: MFA on all accounts, endpoint detection and response, regular security assessments, and incident response planning.
Data Privacy Compliance
GDPR, CCPA, HIPAA, and sector-specific data regulations create significant compliance obligations. Portfolio companies with strong data privacy programs avoid costly regulatory penalties and customer trust damage.
Cyber Insurance
Cyber insurance has become essential risk management for businesses with digital assets or customer data. We help portfolio companies secure appropriate coverage as part of comprehensive risk management programs.
More insights from IKON Group Investments — Houston, TX