Cybersecurity…..Is your PE Firm Ready?...• Understanding SEC’s interest in cybersecurity •...
Transcript of Cybersecurity…..Is your PE Firm Ready?...• Understanding SEC’s interest in cybersecurity •...
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Cybersecurity…..Is your PE Firm Ready?
October 30, 2014
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What you will learn……. • Understanding SEC’s interest in cybersecurity
• Mitigating cyber risk at the PE firm and the portfolio companies
• Developing a plan to protect investor identification and private information, a
portfolio company intellectual property and related confidential information
• Handling the conflict between business access and security
• Planning for disaster, business continuity and client notification
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Why are we discussing it?
• In April, The SEC Announced It Would Be Spreading More “Sunshine” on
• Private Equity by Examining the Industry’s Preparedness for Cybersecurity
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“Dozens of large private equity firms are currently compromised, and they don’t even know about it”
John Watters, chief executive, iSight Partners Inc.,
a cybersecurity intelligence company
Source: Wall Street Journal, March 10, 2014
Why are we discussing it?
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Why are we discussing it?
31% of all targeted cyber attacks in 2013 hit businesses with less than 250 employees
Source: Symantec 2013 Internet Security Threat Report
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Why are we discussing it?
Data breaches cost U.S. companies $5.4 million per breach – that amounts to
$188 per stolen record
Source: Ponemon Institute: “2013 Cost of Data Breach Study: Global Analysis.”
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Panelists:
Joe Campbell, CTO, PEF Services LLC Eric Feldman, Chief Information Officer,
The Riverside Company Melinda Scott, Managing Partner,
Scott Goldring Associates
Moderator: Mark Heil, EVP, Business Development, PEF
Services LLC
Who Will You Hear From Today?
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Joe Campbell, CTO, PEF Services LLC
• UBS Financial Services, Senior Developer, Consolidated Order Entry System
• Application Development The Chubb Institute of Technology and Rockland College
• B.A., Queens College
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Eric Feldman, CIO The Riverside Company
• Instrumental in creating Riverside’s Information Security Program and restructuring the global business continuity plan to align with evolving business requirements.
• Served as the Director of MIS for the Office of the Mayor, City of New York.
• B.A. from Eastern Illinois University.
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Melinda Scott, Managing Partner, Scott Goldring Associates
• Managing Partner at Scott Goldring Associates in New York City.
• Specializes in Securities Law and alternative investment vehicles.
• Graduate of Howard University School of Law
• Licensed member of the New York State Bar and the Federal Southern District of New York.
• Qualified to practice law in England and Wales.
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Mark Heil EVP-Business Development
PEF Services LLC • Founder and Managing Director, CereNova
Fund Marketing, placement agent for small and emerging managers
• Board member of Private Investors Forum (Angel Network) and Entrepreneurs Forum of Greater Philadelphia (former president)
• MBA, Drexel University, Marketing; BS, St. Joseph’s University, Marketing & Finance
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PEF Services LLC is the leading fund administrator for small to middle market private
capital funds. We provide high-quality, cost-effective administrative solutions with a specialty
in emerging manager and Small Business Investment Companies (SBIC) funds.
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The Riverside Company is a global private equity firm focused on investing in growing enterprises valued at up to $250 million/€200 million. The
firm’s global portfolio includes more than 75 companies. Since its founding in 1988, Riverside
has invested in more than 300 transactions.
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Scott Goldring Associates is a boutique law firm specializing primarily in Securities Law. They
have expertise in formation and ongoing compliance for Hedge Funds, Private
Equity/Venture Capital Funds and Family Offices.
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Contact Us
PEF Services LLC Joe Campbell
212-203-4685 x 106 [email protected] www.pefundservices.com
PEF Services LLC
Mark Heil 212-203-4679
[email protected] www.pefundservices.com
The Riverside Company Eric Feldman 212 484 2178
[email protected] www. riversidecompany.com
Scott Goldring Associates Melinda Scott 646-652-8567
[email protected] www.scottgoldringassociates.com