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Drawbridge releases next-gen cyber risk assessment tool

Saturday, August 24, 2024
Opalesque Industry Update - Drawbridge, a provider of cybersecurity solutions to the alternative investment industry, has released its next-generation cyber risk assessment service.

Provided as a suite of modules, the solution combines a unique set of analytics with Drawbridge's award-winning client service. Clients can now benchmark and score their cyber programs to prioritize risk remediation by comparing themselves to over 1,000 other managers in real-time.

Users can identify areas where they have outlier risk, where they sit in the middle of their peer group, and whether they comply with the requirements of their LPs and regulators.

"Cybersecurity is becoming more complex and LPs and regulators are requiring more than ever of managers," said Jason Elmer, Founder and Head of Innovation. "This game-changing, data-driven solution gives alternative managers and their investors' comfort in where to focus their cyber program to become top quartile in building cyber defenses."

Also included in the suite is a set of features which enable clients, working with their Drawbridge advisor, to plan for and evidence how they are addressing risks, leveraging "what-if" scenario analysis and remediation planning and reporting. In addition, a new "Crosscheck" feature will let Drawbridge advisors help managers validate their due diligence questionnaire responses against three areas of evidence: what it is learning from other Drawbridge services (such as scanning), what it finds in any shared documents and responses to other DDQs.

Press release.

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