M&A can bring cyber problems

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Cyber ​​incidents have also emerged as a hot topic in mergers and acquisitions (M&A) following several major data breaches. For example, the 2018 Marriott breach was traced back to a 2014 breach at Starwood, a hotel group that was acquired in 2016.

Even the most protected companies are at risk when they acquire a company with weak cybersecurity or existing vulnerabilities. The acquiring company can be held liable for damages caused by incidents that occurred before the merger.

Ultimately, considering potential cyber vulnerabilities fantuan database and exposures needs to become a higher priority for companies in mergers and acquisitions, as many companies do not conduct enough due diligence in this area. At the same time, many companies do not fix vulnerabilities in acquired systems quickly enough after a deal closes.



risk reduction measures
The best approach to addressing cyber risks is to invest in employee awareness and to update and continuously monitor IT systems. Preparation and training are the most effective forms of damage control and can significantly reduce the likelihood or consequences of a cyber event .

Many incidents are the result of human error, which can be mitigated through training. Maintaining secure backups and operational capability and continuity planning are also keys to reducing the impact of a cyber incident. In any case, response plans should be tested, practiced and regularly reviewed.