When acquiring an organization, there are many aspects of due diligence that should be carried out—both by law and as a matter of best practice. One of the most commonly overlooked is that of cybersecurity due diligence. But it is also one of the most important. SubRosa can ensure your company knows what it is getting with an acquisition by conducting a thorough cybersecurity analyses
The simple answer is so you know what you are buying. Purchasing a company without a solid review of its cybersecurity program and practices is likened to purchasing a car without reviewing its service history. All the bad practices, risk exposure and open liabilities should be discovered prior to close, not after. High risks and past breaches can be used to negotiate on purchase price. In the case of the 2017 breach of 500 million Yahoo accounts, this high-profile incident resulted in Verizon negotiating a $350 million price drop in their acquisition of Yahoo.
A comprehensive risk assessment of the entity’s enterprise information security program will give you the information you need to know.
Include security language and provisions in your purchasing contracts, enabling you to complete and gain closure of risk assessments.
Leveraging SubRosa’s risk and compliance tools, you can assess, manage and track risks and findings throughout the lifecycle of the acquisition and beyond.
There is the option to include SubRosa’s services as a line item on the seller-side, meaning that you, as the client, incur limited to no fees for our services.
SubRosa is a cybersecurity solutions provider specializing in cyber assessments and risk and compliance.
