Case Study: Cyber Security Post-Acquisition Support

Summary

The rapid growth of a Private Equity firm demanded immediate cyber security scaling. Cyber security is complex, but we make it simple. We addressed their needs with a comprehensive solution: an RMM tool for streamlined management, 24/7 monitoring, and board-ready reports delivered by our virtual CISO. 

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About the Client

A Private Equity (PE) firm extended its portfolio by acquiring a firm based in the Middle East. The acquired business, a 45-person entity operating across four countries, experienced significant growth within a short span, evolving into a multimillion-pound corporate entity in just four years.  

While non-regulated, the business operated with a small internal IT team and relied on services from five Software-as-a-Service (SaaS) providers and Microsoft 365. The IT infrastructure only provided laptops with antivirus software to employees, highlighting a growing need for robust cyber security measures.  

The Clients Challenge

In searching for a partner that could provide end-to-end support, the client felt that OneCollab was the right fit to meet their existing and future needs. The client had previously engaged a dedicated IT provider, who quoted two weeks for Due Diligence (DD) and an additional four weeks for remediation of critical issues. However, they deemed this timeline too long and sought a more efficient solution.  

With OneCollab’s comprehensive suite of services and agile approach, the client found a cyber security partner capable of addressing their immediate needs while also providing ongoing support and expertise.  

Key Outcomes

• Comprehensive Security Suite: Robust security with ISO27001 compatible configuration and controls  

• Cost-Savings: Reduced costs by 47% compared to estimates provided by previous provider for due diligence remediation tasks  

• Streamlined Management: Deployment of our RMM tool for centralised control and 24/7 monitoring with real-time alerts  

• Board-Ready Reporting: Enhanced oversight with monthly reports delivered by our virtual CISO  

• Investors: Peace of mind from regular reporting and reduction in the planned spend 

OneCollab’s Solution

OneCollab ran a 5-day proposition to rapidly build and deploy a comprehensive security suite, closing the critical risks in the organisation’s security posture:  

• Health Check, including M365 assessment  

• Vulnerability analysis to identify live security threats  

• Remediation of issues identified during assessments  

• Deployment of Remote Monitoring and Management Tools to maintain a healthy network  

• Provision of Cyber Security Managed Service  

• Appointment of a virtual Chief Information Security Officer (vCISO) 

OneCollab swiftly deployed its Remote Monitoring and Management (RMM) tool to conduct comprehensive cyber security assessments. Critical security gaps, including devices lacking antivirus software, were swiftly identified and resolved in collaboration with the internal IT team.  

Despite the urgency and complexity of the task, OneCollab’s services proved remarkably cost-effective, ensuring timely remediation of all cyber security issues. The Founder and Managing Director of the acquired firm expressed satisfaction with OneCollab’s services, highlighting the simplicity of understanding cyber security risks and the proactive resolution of issues before they became problematic.  

“OneCollab made it simple for me to understand cyber risk, and resolved all the issues before I knew about them.” Managing Director of PE Firm, May 2024.

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