Tag: Study

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Cyber diligence: Study reveals cybersecurity concerns are becoming a critical factor in M&A due diligence
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Report finds finance and HR departments the greatest cybersecurity threats to organisations

Cyber diligence: Study reveals cybersecurity concerns are becoming a critical factor in M&A due diligence

By Cameron Abbott and Rebecca Gill

Unreported data breaches have disrupted several major M&A deals in recent years, such as Marriott International’s merger with the Starwood hotel chain. The growing list of cautionary (and costly) tales appears to be making an impression in the M&A space, as a recent study of IT professionals and business executives by Forescout Technologies has found.

The study queried a total of 2,779 respondents from all over the world, and found that 93% of the respondents viewed cybersecurity evaluations as important to their companies’ M&A decision-making processes. Respondents also ranked a target company’s history of cybersecurity incidents as the second most important factor when performing due diligence on the business, following the company’s financial statements.

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Report finds finance and HR departments the greatest cybersecurity threats to organisations

By Cameron Abbott and Melanie Long

According to recent research conducted on behalf of cybersecurity firm Clearswift, finance and HR departments represent the biggest cybersecurity threat to organisations. The study polled more than 4500 information technology decision makers, security professionals and employees in the US, UK, Germany and Australia and found that 46% of respondents believed that finance departments posed a security threat to their organisation. In addition, 42% of respondents believed the same of an organisation’s HR departments.

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