16 May 2023
Secrets Worth Keeping: How to Implement an Information Security Program for Private Equity Funds
Advisers to private equity funds handle sensitive financial and personal data, making them prime targets for cybercriminals seeking to steal confidential information. To protect against these threats, advisers to private equity funds should implement a comprehensive information security program that includes policies, procedures, and controls. Such a program can help minimize the risk of a data breach, safeguard investor confidence, and ensure compliance with regulations. Additionally, it can improve the fund's reputation by demonstrating its commitment to data security. Lawyers play a critical role in counseling investment advisers on how to create effective information security systems. Read this article to understand how advisers to private equity funds can implement a comprehensive information security program.
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Utilize this checklist to review key considerations for investment advisers developing an information security program.
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