Now Available!
Join Us On LinkedIn
Join the Cybersecurity and Incident Response Group on LinkedInAon Buys Cybersecurity Company Cytelligence | FinSMEs
Aon plc (NYSE: AON), a global professional services firm providing risk, retirement and health solutions, acquired Cytelligence Inc, a Canada-based cyber security firm with deep expertise in Cyber Breach Response, Cyber Breach Investigations, and Digital Forensics. via Aon Buys Cybersecurity Company Cytelligence | FinSMEs.
When Cyber Threatens Your Deal: 5 Cybersecurity Tips That Could Save Your M&A Transaction | Blake, Cassels & Graydon LLP – JDSupra
In today’s technology-driven business world, organizations are more vulnerable than ever to cybersecurity threats such as data and privacy breaches. As a result, in the context of M&A transactions, assessing the cybersecurity posture of a target entity has become a key due diligence consideration for buyers. Depending on the target’s operations and the industry in […]
You don’t just acquire a company, but also its cybersecurity posture – Help Net Security
“M&A activity can be a game-changing moment in a company’s history, but recent breaches shine the spotlight on cybersecurity issues and make one thing abundantly clear: you don’t just acquire a company, but you also acquire its cybersecurity posture and a potential trojan horse,” said Julie Cullivan, chief technology and people officer, Forescout. via You […]
Don’t Acquire a Company Until You Evaluate Its Data Security
When Marriott International acquired Starwood in 2016 for $13.6 billion, neither company was awareof a cyber-attack on Starwood’s reservation system that dated back to 2014. The breach, which exposed the sensitive personal data of nearly 500 million Starwood customers, is a perfect example of what we call a “data lemon” — a concept drawn from economist […]
Bankers Are Hiring Cyber-Security Experts to Help Get Deals Done – Bloomberg
Executives and investors are hiring an unlikely crowd to help them do deals: computer geeks. Companies and investment funds are adding an extra layer of scrutiny to acquisitions by screening targets for cybersecurity risks, as global computer attacks raise awareness. That’s prompting offers specifically tailored to takeovers by a variety of players, from consultants like […]
Verizon-Yahoo Deal On The Ropes – Is Cyber Security Killing Deals? — Forbes
It seems every day there is another story about hacking and data breaches, whether the alleged attackers are foreign governments or a lone wolf, the newsworthy targets are high profile, but it is a problem impacting a huge swath of businesses, regardless of size. Yahoo, Eddie Bauer and Target stores are amongst many others who […]
After Latest Breach, Is Verizon Finally Ditching Its $4.8B Yahoo Deal? – NBC News
Verizon may be backing out of its $4.83 billion deal to buy Yahoo, reported Bloomberg on Thursday. The driving factor in any about-turn is likely Wednesday’s revelation that more than a billion accounts were breached in 2013. That announcement came less than three months after the internet giant admitted to a previous data breach that […]
Accenture acquires US cybersecurity firm FusionX | ZDNet
Global consulting giant Accenture announced on Tuesday it has acquired FusionX, a Washington, DC-based cybersecurity firm. via Accenture acquires US cybersecurity firm FusionX | ZDNet
Atos Offers $844 Million to Buy Bull in Cybersecurity Push – Businessweek
Atos (ATO) of France offered to buy rival Bull (BULL) for about 620 million euros ($844 million), underscoring demand for cybersecurity and cloud-computing services. via Atos Offers $844 Million to Buy Bull in Cybersecurity Push – Businessweek
Cybersecurity Due Diligence Key in M&A Deals – Risk & Compliance – WSJ
Firms need to vet the cybersecurity defenses of those they do business with, a former top prosecutor said. Companies should do cybersecurity due diligence on vendors and as a part of any mergers or acquisitions, said Jason Weinstein, a partner at Steptoe & Johnson LLP and a former deputy assistant attorney general at the U.S. […]
Cyber security: the weakest link in M&A transactions – – Financial Director
Too often, issues of cyber security are left until after a transaction is complete – a question of integration, not value. This is a mistake. A cyber breach could easily have a material impact on the value of a company, which means it is far too late to leave this for the IT team during […]