As mergers and acquisitions (M&A) increase across the globe, cybersecurity becomes more critical than ever for businesses. If sensitive information is accidentally divulged during M&A due diligence or in post-M&A activities, the stakes are high.

The good news is that the appropriate software can assist M&A CISOs maintain the integrity of data, maintain compliance, and protect against the risks associated with M&A activities. The ideal data room software consolidates digital tools into one integrated platform that enables easy uploads of files, single sign-on and extensive auditing. This helps compliance teams maintain control by keeping out any accidental disclosure.

Virtual data rooms are https://datarooms.in/ an effective tool to manage the M&A processes from due diligence to post-M&A operations and integration. VDRs enable authorized users to read and share sensitive documents without fear of leaks. They also have the capability to generate activity reports that detail who has read and accessed specific pages of documents. These reports will deter bad actors from leaking information because they can be traced back to specific users. They also allow M&A CISOs assess the level of attention from potential buyers or investors.

Many M&A deals are based on the value of intellectual property. Virtual data rooms are utilized by life science companies to manage everything, from clinical trial results to HIPAA compliance, to licensing IP and storage of patient data. In the course of M&A due diligence, it’s common for companies to to submit and review large amounts of documents. This can be extremely labour-intensive and time-consuming for both the company that is acquired and the acquirer. A VDR allows you to transfer all this information securely and efficiently.

Regardless of the industry, M&A can be a complex business procedure that can create significant security risks. In the integration and operation phases of the M&A cycle, the M&A team must be aware of dangers of cybercriminals as well as competitors. These risks could include malware, unauthorised access to systems and networks, sabotage and other disruptions that can undermine M&A’s value proposition.

M&A can turn into an enjoyable and profitable business experience with the right cybersecurity solutions. M&A gives businesses an opportunity to increase their global footprint and create value. Before any transaction can begin, a M&A focused cybersecurity strategy must be implemented to ensure the value of this deal is not compromised. Download our free guide Cybersecurity for M&A – From the M&A Playbook to learn more. Todd Thiemann is director of marketing for the product of ReliaQuest GreyMatter, a Security Operations Platform that allows cybersecurity to be achieved through M&A by delivering visibility, cutting through the complexity of multiple security stacks and reducing risk and uncertainty so your business can meet its goals.