Introducing the PortCo Defend™ Portfolio Risk Management Solution

Author

ACA Aponix

Publish Date

October 19, 2020

Type

Article

Topics

Cybersecurity
Portfolio Company Risk Management

Insights
Introducing the PortCo Defend™ Portfolio Risk Management Solution

We’re excited to announce ACA Aponix^®'s PortCo Defend^™, a cybersecurity risk management program and dashboard designed to help private equity firms assess and centrally monitor security threats to their portfolio companies (PortCos). PortCo Defend gives private markets a holistic view of their PortCos’ cybersecurity risk and provides oversight to track the progress of their PortCos’ efforts to remediate gaps and achieve their cybersecurity targets.

With 46% of businesses reporting at least one security incident since the start of the COVID-19 pandemic, firms globally are faced with a continued stream of threats. For private equity firms, the potential impact of a cyber threat can extend to the firms they oversee and across a range of sectors.

Simply performing an IT due diligence test upon initial investment in a company is not enough. Cybersecurity, privacy, and risk should be ongoing concerns throughout the investment lifecycle. But according to ACA’s 2020 State of Cybersecurity Survey, 8% of private equity firms have not reviewed any of their portfolio companies and of those who do, only 7% of firms are reviewing more than 76% of their PortCos.

With PortCo Defend, ACA Aponix will be a trusted advisor providing the private equity sponsor with ongoing visibility into the cybersecurity operations of their investments and working directly with the portfolio companies to identify cybersecurity threats and vulnerabilities, while also providing risk-ranked tactical and strategic remediation recommendations and ongoing training and monitoring services.