Breaking News                 Latest News            Usa News                 Latest News

7 Factors to Consider Before Applying into Any University
As your business grows and expands, you may begin to take other brands and companies into the broader umbrella of your network

Why You Need to Be Responsible for Your Acquisition’s Cybersecurity

As your business grows and expands, you may begin to take other brands and companies into the broader umbrella of your network

Why You Need to Be Responsible for Your Acquisition’s Cybersecurity

As your business grows and expands, you may begin to take other brands and companies into the broader umbrella of your network. Each of these companies will have their own existing cybersecurity infrastructures and protocols which they used before the merge. However, as you are now the parent company, you need to ensure that their protocols meet your standards. 

Responsibility

Cybersecurity breaches are becoming ever more common in this modern and tech-driven world we live in. Hackers are constantly trying to get to sensitive data which companies hold while the cybersecurity specialists try their best to design countermeasures against this.

As the parent company, you will be liable if your new acquisition falls victim to one of these breaches and it is therefore important that you assess each and every aspect of the new company’s data management and cybersecurity as you bring them on board. Using a professional Vendor Risk Management Cybersecurity service will help you identify where weaknesses may be.

Breaches

In the event of a violation, valuable data containing personal, professional and financial details may be stolen from the company's servers. If they cannot afford the costs of the compensation and cyber restructure themselves, you as the parent company may need to step in and help.

Global regulations are tightening and ensuring that parent companies are the ones in charge of security and control for everyone in their network; no matter how the businesses differ. An attack from one lower down vendor could result in another higher up the chain, such as your parent company. Do not take the risk; prepare a defence strategy every time you take on a new company and make sure it is continuously implemented.

Assessment

As part of the acquisition process, you need to ensure that there is adequate time spent assessing the new company’s cyber protection programs. In particular, you need to pay attention to their history - have they had any breaches in the past? If they have, what steps did they take to rectify this? Find the services of a professional who is willing to test their current defences to see how they hold up. Anything their report digs up will need to be addressed.

If you already have a network in place which is proven to work, you might want to consider passing the protocols down. While this may seem unnecessary to those in the company, it is essential to stress the need for improvements to cybersecurity. A breach targeted at them will still affect you; whether it is through your intervention to right the problem or even as serious as your own systems becoming compromised.

Don't delay; it is never to early to invest in a cybersecurity check. You must make sure that all of the companies you own are held to the same excellent standard. If one does not meet the target, you are going to need to amend that.

The acquisition is long, and some things may get forgotten during the transaction so make sure that one of those things you remember is a dedication to cybersecurity.

Image: Pixabay

Publish Date : 21 Mart 2019 Perşembe 01:28

Breaking News Headlines

How Blockchain Is Changing Social Media
How Blockchain Is Changing Social Media
Signs that You Could be a Snowboarding Instructor
Signs that You Could be a Snowboarding Instructor
4 Tips to Get the Perfect Romantic Gift for Your Partner
4 Tips to Get the Perfect Romantic Gift for Your Partner
7 exciting benefits of Cryptocurrency
7 exciting benefits of Cryptocurrency
This woman chastises Apple and Google billions of dollars – we Have a large desk
This woman chastises Apple and Google billions of dollars – we Have a large desk
Health Stocks Yielding Healthy Dividends
Health Stocks Yielding Healthy Dividends
Who wield the gavel on Dani Mateo
Who wield the gavel on Dani Mateo
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
The PP accused the PNV of to manufacture an atomic bomb with the new Statute agreed with Bildu
The PP accused the PNV of to manufacture an atomic bomb with the new Statute agreed with Bildu
The associations of students of 26 universities unite to challenge the monarchy
The associations of students of 26 universities unite to challenge the monarchy
The EU is betting on a supercomputer that anticipates natural disasters
The EU is betting on a supercomputer that anticipates natural disasters
The otp requests that are not supported the challenge against Marchena for the ‘whatsapp’ of Cosidó
The otp requests that are not supported the challenge against Marchena for the ‘whatsapp’ of Cosidó
Pages
NEWS ARCHIVES