Case Study: Verdane (private equity firm) achieves streamlined cyber due diligence and stronger portfolio security with SecurityScorecard

How Verdane improved investment decisions and portfolio company cyber support using SecurityScorecard

Verdane, a Europe-focused growth investment firm with more than 100 portfolio companies, needed clearer visibility into cyber risk across prospective and existing investments while avoiding the high cost and misalignment of outsourcing due diligence. To build in-house capabilities within its Elevate team, Verdane turned to SecurityScorecard and its SecurityScorecard platform to get a non-intrusive, outside-in view of portfolio cyber health during diligence and ongoing oversight.

SecurityScorecard delivered an integrated solution used for supplemental cyber due diligence and continuous monitoring—enabling tiering and prioritization, automated reporting and alerting, and real-time actionable insights. As a result, Verdane strengthened decision-making with live risk data, reduced due-diligence costs versus external consultants, established portfolio-wide benchmarks and KPIs, and lowered the likelihood of breaches across its 100+ companies; the SecurityScorecard platform is now used weekly by multiple stakeholders and has become central to Verdane’s Elevate program.

Verdane

Thomas Baasnes

Cybersecurity Director