Timing is not always strong point, however just as I posted yesterday's blog on how a Canary can help out when it comes to cyber security due diligence in M & A, I picked up on the stats below.
This has been highlighted by the impending take over of Yahoo by Verizon and the fact that the sum they are prepared to pay has fallen by $1bn post the disclosure of the recent data breach.
Ok so Canary might not have been the whole answer, however it might just have helped !
Do checkout yesterday's post to see how the deployment of Canaries as part of M & A due diligence could throw up some insightful intelligence on the cyber wellbeing of a company you plan to acquire.
80% of respondents said that cybersecurity issues have become highly important in the M&A due diligence process More than a third (40%) of acquirers said they had discovered a cybersecurity problem at an acquisition after a deal went through, indicating that standards for due diligence remain low 70% of respondents said compliance problems are one of the most common types of cybersecurity issues uncovered during due diligence, while 40% said a lack of comprehensive security architecture is also common