Mergers and Acquisitions- big things happening in the world of business. M&As have yielded wonderful results and have even resulted in the genesis of some of the most successful of business firms.
Thus, when it comes to M&As, companies need to stress on the need for increased transparency and also on the importance of proper security awareness between the IT/security professionals and the C-suite.
So, what’s to be done?
The solutions are simple. Whenever an M&A process is being initiated, organizations must make a proper assessment of the security of the companies with whom they are merging or whom they are acquiring. Yes, this is of utmost importance, as important as assessing the financials, brand presence and such other factors. It’s always advisable to bring in a security team or get some experienced professional involved, evaluate the security policies and protocols of the company that’s being taken over or with which the merger is happening. Major aspects, like endpoint protection, the effectiveness of the firewall software and other security software, network security etc need to be evaluated. The security team must also look into the potential risks the internally developed products of the company (which is being acquired) could cause.
During any M&A process, the acquiring company must focus on doing damage control. On all fronts. Proper security policies and practices must be a priority and security should be at the forefront of all discussions that are part of the M&A process. Don’t just focus on the profit margins, focus on the security aspect as well. That’s most important.
The post The Importance of Security in Mergers & Acquisitions appeared first on The Threat Report.