Article: The Drawdown // Deep cleaning operations

The Drawdown recently featured Allvue Systems in addressing the growing threat of automated cyberattacks against GPs. With 1 in 6 breaches now AI-driven, IBM’s 2025 Cost of a Data Breach Report highlights the financial industry as one of the costliest sectors for recovery, averaging $4.44 million per breach.
AI has enabled cybercriminals to act faster, creating sophisticated phishing emails in minutes instead of hours. While 50% of GPs surveyed by Allvue use AI minimally, risks remain—especially from third-party vendors leveraging AI tools.

How GPs can protect themselves? Experts recommend robust defenses, including:

• Vendor Risk Management: Vet AI use and certification during due diligence.
• Continuous Evaluation: Use AI-enabled monitoring for real-time security.
• Training & Simulation: Prepare teams with crisis simulations.
• Centralized Leadership: A CISO can ensure portfolio-wide security.

Though AI is a threat, it can aid in detecting vulnerabilities, reducing breach costs to $1.9 million. By adopting proactive security measures, GPs can protect themselves in the evolving threat landscape.

Read more in the full article prepared by The Drawdown.