Don't Neglect Tech: Cybersecurity is Key to Due Diligence

Overview

Due diligence often focuses heavily on financial and operational issues. Often the new or combined organization’s cybersecurity does not receive the attention it deserves. As a result it places the company at risk from a cyber incident, which can detrimentally impact the organization’s reputation and financial security. The risk is higher if you are collecting, storing, or transmitting personal, financial or health information. Conducting an independent assessment of your target's network, data, and cybersecurity measures mitigates the cybersecurity risk.

Advisor Thinking