As they navigate a fast-developing threat landscape, PE sponsors need to be strategic and consistent in how they oversee cybersecurity at their funds’ portfolio companies. Sponsors need to gain insight into the risks posed by a potential cybersecurity attack on those companies, and be equipped to address any gaps in security programs – either as to a specific company or across their entire portfolio. In an ACA Aponix program, managing director Greg Slayton, senior principal consultant Isaac Niedrauer and director Matt Grist summarized data collected through ACA’s analytical tools, and drew conclusions about PE sponsors’ cybersecurity budgets, staffing, practices and priorities. This article distills their insights. See “A Checklist to Help Fund Managers Assess Their Cybersecurity Programs” (Oct. 11, 2022).