The Importance of IT Security in Your Merger Acquisition
Nov 23, 2021
In the business world, mergers and acquisitions are commonplace as businesses combine, acquire, and enter various partnerships. Mergers and Acquisitions (M&A) are filled with often very complicated and complex processes to merge business processes, management, and a whole slew of other aspects of combining two businesses into a single logical entity. In the modern business world before and after the acquisition, a new concern with M&A activities is cybersecurity. What role does cybersecurity play in today's mergers and acquisitions of businesses? Why is it becoming a tremendous concern? Cybersecurity threats are growing in leaps and bounds There is no question that cybersecurity risks and threats are growing exponentially. A report from Cybersecurity Ventures estimated a ransomware attack on businesses would happen every 11 seconds in 2021. Global ransomware costs in 2021 would exceed $20 billion. It seems there are constantly new reports of major ransomware attacks, cos
