High-Risk Lenders / Distressed Investors Services
“Shift the risk” to Maintain High ROI While Lending/Investing
“How do the risks compare with the potential rewards?”
“Do you fully understand the risks?”
“What catalysts will move this company forward? What inhibitors are there?”
Understand a company’s cyber risk before investing or lending funds
Data breaches kill vulnerable companies: 67% of cyber-attacks are directed towards small to medium-sized businesses, with the average data breach costing the company $200,000. For larger companies, the average cost of a data breach in 2020 was $8.2M. Most alarmingly, 60% of small businesses fail within six months of a significant cyber event.
In June 2020, a large medical debt collection company had to shutter its business after a partner company was hacked. Retrieval-Masters Creditors Bureau Inc. reported that its assets were worth over $10 million when it filed for bankruptcy in New York. Good cybersecurity is attractive to potential investors: By 2022, 60% of organizations engaging in M&A activity will consider cybersecurity posture as a vital factor in their due diligence process. In a recent study, 53% of respondents reported that their organization had encountered a critical cybersecurity issue or incident during an M&A deal that put the deal in jeopardy. The evaluation and due diligence shouldn’t just be a point-in-time exercise; cybersecurity due diligence and risk assessment should be ongoing.
Our Services Include:
- Cyber Assessments: We examine all aspects of an organization’s information system, accounting for people, processes, and technology. We let you know the risk profile, help business leaders develop a risk appetite strategy, and develop a roadmap to move organizations to a better security posture. Our cyber assessments also are used to evaluate organizations being considered for acquisition or being readied for sale.