CyberNews Briefs

You don’t just acquire a company, but also its cybersecurity posture

A new Forescout survey highlights the importance of cybersecurity assessments in M&A as a way of preventing companies from ‘buying a breach.’ A majority of organizations (53%) have seen an M&A deal being brought into question due to a major cybersecurity issue or incident.

Moreover, 62% of firms acknowledge that acquiring new businesses involves major cyber risks, which are seen as the biggest concern after the acquisition. Almost two in three (65%) buyers have felt remorse after the closing of an M&A deal as the result of worries over cyber risk. This is not surprising given the fact that only 36% of respondents believe that before a deal is made, their IT team is allowed sufficient time to properly assess the cybersecurity posture of the firm about to be acquired.

Read more: You don’t just acquire a company, but also its cybersecurity posture

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.