Monday, October 31, 2016

The Deal and The Data: 3 Ways Cybersecurity Is Changing M&As | Legaltech News

Cyber security issues are a big part of all of our lives, and we need to be aware of it. Mergers and Acquisitions teams have always had to be able to have security teams involved in their work, CTI provided TSCM support for some of the biggest deals, in the past, now days debugging sweeps are still used, but Cyber security capabilities are much more in demand. Like any M&A team having physical security capabilities they must also have a good understanding of cyber security as well. When making a move on a firm to take them over, one of the first items to be looked is email and the security of the whole process. A firm needs to know that they can trust their communications, which means emails, text messaging, as well as file security and printer systems security. Many firms use all in one Print. copy, and scan system. What a lot of people do not realize is that all the printing, scanning, and copying done on one of these systems is stored on hard drives in the machine. One person acting as a repairman that is there to do maintenance of the machine, can either take the hard drive and replace it, or just copy the information off of it. Another method of stealing the information is using the email capability of the machine to send out emails at night of everything stored during that day.
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