Secure Business M&A with Software for Secure Business M&A
As mergers and acquisitions (M&A) are increasing across the globe cybersecurity is more crucial than ever for businesses. If confidential information is disclosed during M&A due-diligence or post-M&A activities, the stakes are high.
The good news is that the right software can assist M&A CIOs in ensuring the integrity of data, maintaining compliance, and protecting against the risks associated with M&A activities. This includes a data room solution that combines several digital tools into a single integrated platform that allows for simple uploads of data and single sign-on. Additionally, it provides comprehensive auditing and reports that help compliance teams keep control and prevent accidental disclosure.
Virtual data rooms are a fantastic method of managing the M&A process from due diligence to post-M&A integration and operations. VDRs permit users with access to read and share comments on sensitive documents with no risk of leakage. They also allow users to create activity reports that show who has accessed and read specific document pages. These reports can deter bad actors from leaking information since they can be traced back to individuals. These reports also help M&A CISOs to assess the level of interest from potential buyers or investors.
Many M&A deals are founded on the value of intellectual property. Virtual data rooms are used by life science companies to handle everything from clinical trial results to HIPAA compliance, to licensing IP and keeping patient records. When it comes to M&A due diligence, it is typical for companies to have to furnish and review volumes of documents. This can be extremely time-consuming and labor-intensive for both the company that is acquired and the buyer. A VDR allows you to share all this information securely and efficiently.
M&A is a complicated business procedure that can create significant security risks, no matter the industry. During the integration and operations phases of the M&A cycle, the M&A team must be aware of potential risks from cybercriminals and their competitors. The risks could include malware, unauthorized network and system access, sabotage, and other disruptions that can affect the value proposition of M&A.
With the right M&A-focused security measures in place M&A can be a profitable and rewarding business experience. M&A provides businesses with an excellent opportunity to expand their global footprint and enhance their value. To ensure that this value isn’t diminished, a cybersecurity-focused M&A strategy must be in place prior to any transactions begin. Download our free guide on cybersecurity for M&A – From the M&A Playbook to learn more. Todd Thiemann, director of product marketing at ReliaQuest GreyMatter is a Security Operations Platform that allows cybersecurity to be achieved through M&A. It delivers transparency, cuts through the multi-layered security stacks and helps manage risk and uncertainty to help your business achieve its goals.