Private Equity Firms Could Be Held Liable for Portfolio Company Data Breaches
Private Equity, Cyber Risk, and the End of Passive Oversight For years, private equity firms largely treated cybersecurity breaches as a portfolio company problem. Courts, regulators, insurers, and LPs are increasingly looking at it differently. The recent Bain Capital-related litigation did not create a new legal standard, nor did it suddenly make private equity firms
Private Equity, Cyber Risk, and the End of Passive Oversight For years, private equity firms largely treated cybersecurity breaches as a portfolio company problem. Courts, regulators, insurers, and LPs are increasingly looking at it differently. The recent Bain Capital-related litigation did not create a new legal standard, nor did it suddenly make private equity firms
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