Insights & Advice: An Interview with Two Experts
By Mark Herndon, Chairman Emeritus, M&A Leadership Council
Cybersecurity and IT due diligence has become one of the most challenging, and also one of the most critical areas of due diligence in any environment. The risks of brand damage, customer churn, and substantial costs have brought this topic to the forefront in.......
Chairman's Message - February 2020
By Mark Herndon, Chairman of M&A Leadership Council
Two recent data points powerfully drove home the importance of the upcoming Art of M&A℠ Due Diligence workshop, April 14-16, 2020, in San Diego. First, the Bain Corporate M&A Report 2020, which highlighted 2019 survey data
BDO HORIZONS 2018 - Issue 2
Submitted by BDO, a partner of M&A Leadership Council
SInce 2015, BDO's M&A professionals have provided clients with quarterly analysis of all the latest developments in the global M&A mid-market in our HORIZONS magazine. By analyzing what lies ahead, we help clients make key strategic decisions on possible business developments. Based on the knowledge, in 2017 BDO supported clients across the globe in over 1,200 transactions.
One in five U.S. and UK organizations that participated in the Willis Towers Watson 2017 Cyber Risk Surveys reported that their organizations have suffered a cyber breach in the last year with 6% of those incidents having been significant, consistent with publicized recent large cyber breaches. Two thirds of U.S. companies, and just under half of UK businesses, see cybersecurity as a fundamental challenge to their organization as reflected in the priority given to cybersecurity.
As the recent WannaCry and Petya cyber-attacks have demonstrated, cyber risk continues to pose a significant threat to organizations across the globe. Cybersecurity is a critical business function, yet, paradoxically, cyber risk is often insufficiently examined – or even overlooked – during the merger and acquisition (M&A) due diligence process. This often results in the acquiring company unwittingly assuming risk and placing assets in jeopardy.