From the course: Managing Your Cybersecurity Program through a Merger or Acquisition

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Engaging third-party assessors

Engaging third-party assessors

From the course: Managing Your Cybersecurity Program through a Merger or Acquisition

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Engaging third-party assessors

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- [Narrator] Target companies in mergers and acquisition transactions want to ensure that they safeguard highly sensitive data at all times to preserve their competitive edge and prevent information leaks that may lead to financial, regulatory, and legal setbacks for their organization. For this reason, and also to ensure a profitable and seamless transaction without any hiccups or unexpected discoveries found by the buyer, the target company may not want to share too much information with potential buyers. On the other hand, the buyer security team may not have enough resources or experience to help conduct thorough cybersecurity due diligence. In all those scenarios, it may be wise for the buyer company to hire a third party assessor to help perform this critical step while bringing valuable expertise in identifying security risks, and ensuring the business receives an independent and unbiased review. Once the contract…

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