<- Back to Insights
November 24, 2024
M&A Surge Post-Pandemic: Cybersecurity Risks Demand Urgent Attention
Forbes
|
Contributed by: Drex DeFord
Summary
The rise in mergers and acquisitions (M&A) post-COVID-19 has underscored the vital role of cybersecurity in these transactions, as companies seek to strengthen their market positions while facing integration challenges. A key risk involves inheriting cybersecurity vulnerabilities from acquired entities, which can lead to significant financial and reputational damage, as exemplified by Verizon's acquisition of Yahoo. Challenges include merging disparate IT systems and security protocols, which can expose organizations to increased cyber threats. Reports of a rise in phishing attempts directed at acquired companies further highlight the importance of prioritizing cybersecurity during M&A. Companies are advised to conduct thorough cybersecurity assessments pre-acquisition and implement strong integration strategies post-acquisition to mitigate potential risks.
Explore Related Topics
