Business Security Weekly (Audio)

Planning A Merger Or Acquisition? Ask These Five Cyber Questions First - Craig Davies - BSW #371

15 snips
Nov 5, 2024
Craig Davies, Chief Information Security Officer at Gathid, shares his extensive cybersecurity expertise in navigating mergers and acquisitions. He highlights five critical cyber questions that companies must address to safeguard their transactions. The discussion emphasizes the often-overlooked cybersecurity risks that can turn a promising merger into a disaster. Davies also critiques the traditional role of CISOs and advocates for new leadership styles and strategies to manage team dynamics and human error effectively in high-pressure environments.
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ANECDOTE

Turning Up To A Swedish Inbox

  • Craig relates turning up to an integration and finding systems in Swedish as an example of poor visibility.
  • He uses this to illustrate how surprises appear when security is excluded from M&A planning.
INSIGHT

Insurance Isn't A Substitute For Due Diligence

  • Cyber insurance cannot substitute for due diligence because insurers will check your duty of care and due diligence after a claim.
  • Buying insurance without solid controls and documented due diligence offers little practical protection.
ADVICE

Speak Business To Get Invited In

  • Get a seat at the table by framing cybersecurity in business terms and demonstrating business value.
  • Move conversations from technical metrics to risk, cost, and opportunity so leaders include you in M&A decisions.
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