Secure M&A Process using Business Software
Onboarding new employees is among the most difficult aspects of any M&A. It is crucial to get them started as fast as you can. Ineffective onboarding procedures can cause productivity to drop and lead to a higher rate of turnover after M&A. It’s also critical for the acquirer to get the employees onboarded as quickly as possible in order to reap the benefits of the deal.
During the M&A process, IT teams must integrate users from both systems in an efficient manner without causing security vulnerabilities and compromising the integrity of data of the acquired business. Incorporating acquired workers using their own devices, or third-party apps, such as cloud-based social media or cloud-based services is a difficult task.
Cybersecurity professionals must address these challenges, by integrating themselves into M&A processes from the beginning, and ensuring they are aware of all moving parts. This includes the post-merger integration stage and due diligence evaluation. It is essential for CISOs approach M&A with a servant’s mindset and present cybersecurity risks in a way that executive teams can comprehend. This is done by avoiding technical terms and presenting metrics that executives can connect to.
Our M&A solution helps you monitor and manage the M&A processes with a single dashboard. The dashboard shows all activities, conversations, emails and documents in real-time. You can also create lists, fields and reports to make it more suited to your specific needs. Additionally, we’ve added built-in features like two-factor authentication and audit logs that help you keep security controls and ensure compliance with the policies.