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.