08/16/2023

The M & A Process

Even non-tech companies should expect thorough cyber diligence

The focus on cyber diligence in M&A processes has increased tremendously over the past 10 years. As cyber threats continue to evolve and the value of data increases, organizations recognize how vulnerabilities in an acquired company’s IT systems can impact their return on investment, regardless of the type of business being bought.

“It’s important to recognize that acquirers aren’t just scrutinizing tech or tech-enabled companies’ IT systems,” says Carly Devlin, a Shareholder with Clark Schaefer Consulting. “They’re looking at it in all businesses because they all have a cyber footprint and exposures. So, they’ll do cyber diligence to understand their risk.”

Smart Business spoke with Devlin about cyber diligence and how sellers can prepare for it ahead of a process.

Please select this link to read the complete article from Smart Business.