Secure M&A process using Business Software
One of the biggest hurdles of any M&A is integrating a significant number of new employees and getting them up and running with minimal disruption. Ineffective onboarding procedures can cause productivity to drop and lead to a higher rate of turnover following an M&A. It’s also vital that the company that is buying take on the new workforce as quickly as possible so that they can reap the synergies from the deal.
During the M&A process, IT teams must integrate users from both systems in a seamless manner without creating security holes and compromising data integrity of the acquired business. The problem is even more difficult when it comes to onboarding employees who are using their own devices or third-party applications for example, such as cloud-based social media or cloud-based services.
Cybersecurity professionals must deal with these challenges by integrating the M&A process from beginning to finish and ensuring they have visibility across every moving part. This includes the post-merger integration phase and due diligence evaluation. It is imperative that CISOs approach M&As in a spirit of service and present cybersecurity risk in a way that executives understand. This involves avoiding technical terminology and presenting metrics that executives can connect to.
Our M&A solution lets you monitor and manage the M&A processes using one dashboard. This dashboard displays all activities, conversations as well as documents in real-time. You can also configure reports, lists, and fields to adapt it to your specific needs. We’ve also added built-in features such as two-factor authentication, audit logs, and security controls to help you ensure compliance with policies and security controls.