Customer Story

A Major Private Equity Firm Strengthens Its Cyber Resilience with Citalid

From reactive security to controlled, demonstrable resilience — valued by investors.

Employees

500+

Industry

Financial Services

Product

Citalid Core

,

Sapere aude - Osez savoir - Dare to know – 

Benefits

  • ~1% estimated potential loss as a % of annual revenue
  • 2×/year: comprehensive cyber strategy review for greater transparency
  • Monthly: roadmap review and alignment between business and security teams

Why CRQ Became Essential

In a sector where investor confidence directly drives performance, this international private equity firm operates in an environment of extreme exposure.

How do you demonstrate, with hard numbers, that the company has its cyber exposure under control and is investing in the right places?

Two major risks define this context:

Risk 01 – Extreme reputational sensitivity: even a minor cyber incident can trigger significant losses, potentially jeopardizing an ongoing fundraising round.

Risk 02 – Transaction values often reaching several million dollars, making the firm a prime target for long, sophisticated attacks that extend across the supply chain.

A proliferation of security tools that had become difficult to maintain, a lack of synergies and even overlaps between multiple solutions, and a difficulty in objectively assessing the real impact of each security initiative all made a CRQ approach essential.

Organizational Impact

Quantification transformed the relationship between cyber teams, financial leadership, and governance.

  • The Supervisory Board now monitors the cyber posture with unprecedented engagement.
  • Non-technical executives understand the financial context of potential incidents.
  • Decisions are now made on a strategic and economic basis, not a technical one.

“CRQ gave our leadership a clear picture of cyber as a financial stability issue.”

“IT and security teams are proud to present the concrete impact of their work. Transparency has improved relationships between cyber and business teams.”

Next Projects: Managing Supply Chain Resilience

The next challenge: managing critical third parties, in line with DORA requirements.

  1. Understanding the cumulative exposure introduced by vendors.
  2. Integrating supply chain resilience into the overall strategy.
  3. Making the Business Continuity Plan (BCP) a shared standard across IT, cyber, and business teams.

Quantification allowed us to prove that our cyber strategy was proportionate, effective, and grounded in the actual threat landscape.

We can now say: 'This investment reduces our potential loss by 15%' — which turns budget decisions into strategic choices based on cyber ROI. Our budget and our solutions are now aligned with identified risks rather than an arbitrary percentage of the IT budget.

With concrete data, exposure, scenarios, potential losses, we were able to negotiate better terms, particularly on coverage, with a new insurer.


The Citalid Platform at the Heart of What Matters Most.

  • Meeting Regulatory Requirements (DORA)
    • Tracking the evolution of the attacker groups most relevant to its sector.
    • Adapting controls based on a dynamic view of the threat landscape.
    • Demonstrating to regulators that each measure is calibrated at the right intensity.
  • Measuring the Effectiveness of Security Solutions
    • An objective measure of the potential loss reduction achieved by each investment.
    • A common baseline for rationalizing tools and eliminating overlaps.
    • A cyber ROI-oriented language that financial leadership can understand.
  • Optimizing Cyber Insurance Decisions
    • A detailed analysis of the gaps between its operational reality and insurers’ exclusions.
    • A far more tailored policy, particularly for critical scenarios such as banking fraud.
    • Coverage finally aligned with its actual risk profile.

Industry leaders trust Citalid to quantify their cyber risks.

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