Insights

Critical Microsoft Alert and Patching Update

July 15, 2020

As part of the July “Patch Tuesday”, Microsoft released a total of 123 CVEs (or “Common Vulnerabilities or Exposures”). That comes on the back of a record breaking number of June CVEs totaling 129. The year on year volume of CVEs from Microsoft is increasing rapidly, with 2020 totaling 657 so far. We are not…

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Cybersecurity: Ransomware Alert

July 12, 2020

On July 10, 2020, The SEC’s Office of Compliance Inspections and Examinations (OCIE) released an alert on the growth of the ransomware threat for financial services market participants, and its commitment on providing advisory to assist these firms in taking proactive measures to protect their businesses. Phishing attacks and other social engineering campaigns are being…

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Availability – The Forgotten Stepchild of Cybersecurity

June 22, 2020

On an early Monday in the Lock-down process for the UK, many companies settled their staff into the comfort of their homes and logged into Corporate services to test their networks. Some of those using collaboration tools from Office365 were greeted with the message “We’re investigating problems in Microsoft Teams…”. A truly unfortunate start to…

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Returning to the Office as Pandemic Restrictions Ease

June 1, 2020

With many of the COVID-19 related restrictions easing up around the country, returning to the office will come with its own set of security related challenges. In addition to using DrawbridgeConnect, the items below should be considered as you plan to return the firm to business as usual:   Machines that have been off for…

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Drawbridge Appoints Simon Eyre Head of Europe

March 31, 2020

Renowned Technologist and Security Professional Joins Drawbridge Executive Leadership Team Drawbridge Partners, a premier cybersecurity software and services firm specializing in the needs of hedge fund and private equity managers, today announced the appointment of Simon Eyre as Managing Director overseeing the European market. In this role, Mr. Eyre will lead Drawbridge’s engineering, product and…

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PRESS RELEASE: OPTIMA PARTNERS SELECTS DRAWBRIDGE PARTNERS CONNECT™ PLATFORM TO ASSIST IN MANAGING DUE DILIGENCE PROCESS

March 2, 2020

Drawbridgeconnect™ Platform Boosts Efficiency of Due Diligence Process for Optima Partners by Streamlining DDQs Distribution and Analysis Drawbridge Partners, a premier cybersecurity software and services firm specializing in the needs of hedge fund and private equity managers has been selected by Optima Partners, a leading global financial regulatory compliance advisory firm, for the outsourcing of…

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Please Surf Responsibly: Drawbridge’s Best Practices for Building a Safer Internet

February 11, 2020

Safer Internet Day – February 11, 2020 The key to teaching your children and teens about Internet Safety is: Start NOW Safer internet Day, a worldwide event observed on February 11th, aims to promote the safe and positive use of digital technology for all users – especially children and teens. Drawbridge’s mission is to keep…

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Drawbridge’s Keys to Privacy

January 28, 2020

Checklist for Alternative Investment Managers Data Privacy Day – celebrated on January 28 – brings awareness to the private sector around the safety of personal data and best practices for protecting one’s own data. For Alternative Investment Managers, concerns around data safety and protection of their firm’s data cannot be highlighted just one day a…

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CYBERSECURITY NEWS: SEC Observations

January 27, 2020

SEC OCIE Publishes Observations on Cybersecurity and Resiliency Practices On Monday, January 27th 2020, the U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (“OCIE”) issued examination observations related to cybersecurity and operational resiliency practices. The observations focus on the following areas: Governance and Risk Management Access Rights and Controls Data Loss Prevention…

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Drawbridge Partners Appoints Dan Lyons Vice President of Business Development

January 21, 2020

Business Development Professional Joins Drawbridge as Market Demand and Expanded Software Portfolio Drive Explosive Company Growth Drawbridge Partners, a premier cybersecurity software and services firm specializing in the needs of hedge fund and private equity managers, today announced the appointment of Dan Lyons as Vice President of Business Development. Lyons will be responsible for driving…

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Cybersecurity News: SEC & CFTC Update

January 8, 2020

Cybersecurity News Alert 2020 SEC EXAMINATION PRIORITIES On Tuesday, January 7th 2020, the U.S. Securities and Exchange Commission (the “SEC”) released the examination priorities for 2020. The SEC has shifted their examination priorities from years past in an effort to adapt to emerging risks, but cybersecurity continues to remain a top priority for the SEC.…

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Drawbridge Partners Expands Cybersecurity Offering with Launch of DrawbridgeConnect-R™ Platform

November 6, 2019

Drawbridge Partners Expands Cybersecurity New Vulnerability Management as a Service (VMaaS) platform offers firms comprehensive vulnerability scanning, remediation and reporting Drawbridge Partners, a premier cybersecurity software and services firm specializing in the needs of hedge fund and private equity managers, today announced the launch of DrawbridgeConnect-R™, a Vulnerability Management as a Service (VMaaS) platform.  DrawbridgeConnect-R…

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Drawbridge Partners Wins ‘Best Cyber-security Solution’ at the 2019 HFM European Hedge Fund Technology Awards Ceremony

September 24, 2019

Drawbridge Partners, a premier cybersecurity services firm specializing in the needs of hedge fund and private equity managers,is proud to have won ‘Best Cyber-security Solution’ at the 2019 HFM European Hedge Fund Technology Awards. Winners are determined based on the views of the CTO judging committee and a polling of the HFM Technology readership.

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DRAWBRIDGE PARTNERS INTRODUCES DRAWBRIDGECONNECT™ PLATFORM

August 13, 2019

 Management Platform Offers Firms Complete Oversight of Cybersecurity Programs, Provide Investor Base with Evidence of Regulatory Compliance, Protect Against Real-time Threats and Manage Third Party Vendor Risk    Drawbridge Partners, a premier cybersecurity services firm specializing in the needs of hedge fund and private equity managers, today announced the launch of DrawbridgeConnect™, an automated management…

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Stop Hacks and Improve Electronic Data Security Act (SHIELD Act)

July 31, 2019

On July 25, 2019, the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act) and the Identity Theft Prevention and Mitigation Services Act were signed into law in the State of New York. Both Acts strengthen cybersecurity and consumer privacy protections for New York state residents. The SHIELD Act The SHIELD Act amends New…

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SEC OCIE RISK ALERT

May 23, 2019

On May 23, 2019, the Securities and Exchange Commission’s (the “SEC”) Office of Compliance Inspections and Examinations (“OCIE”) released a new risk alert identifying security risks associated with the storage of electronic customer records and information in various network storage solutions, including cloud-based storage. Some of the concerns brought to light from recent examinations were…

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CYBERSECURITY RISK ALERT: WhatsApp Vulnerability

May 14, 2019

Yesterday, various governmental agencies and news outlets were made aware of a security vulnerability affecting the WhatsApp messaging platform. The vulnerability may have enabled malicious actor(s) to inject spyware on user devices which potentially exposed user information on mobile devices. WhatsApp has encouraged users to update the application immediately to avoid potential exposure and compromise of data.…

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PRESS RELEASE: DRAWBRIDGE PARTNERS ANNOUNCES THE ACQUISITION OF inCYBER SECURITY ADVISORY BUSINESS

May 8, 2019

STAMFORD, CT, May 8, 2019 – Drawbridge Partners, a premier cybersecurity consulting firm specializing in the needs of hedge fund and private equity managers, today announced the acquisition of inCyber Security, inCyber Compliance’s  consultancy division. The acquisition gives Drawbridge Partners a portfolio of high-profile and long-term clients as the firm continues its impressive growth and focus…

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Hedge Funds Besieged by Hackers on Daily Basis

May 1, 2019

By David Beach — May 1,2019 Hackers are exploiting inherent weaknesses in mature hedge funds on a daily basis, say a security vendor and the chief technology officer of an established fund, leading to huge boosts in cybersecurity spending. “Hedge funds are being targeted simply because of cash movements where frequent large transfers are normal at…

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CYBERSECURITY RISK ALERT: Broadcom Wi-Fi

April 18, 2019

CYBERSECURITY RISK ALERT – DRAWBRIDGE PARTNERS For individuals using Broadcom Wi-Fi, on April 17, 2019, the CERT Coordination Center (“CERT/CC”) published information identifying various vulnerabilities stemming from the Broadcom ‘w1’ driver and open source ‘brcmfmac’ driver for Broadcom Wi-Fi chipsets. Ultimately, these vulnerabilities could allow an unauthenticated attacker to execute arbitrary code on a vulnerable…

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