Companies are increasingly aware of the need for cybersecurity due diligence, yet they often lack the proper personnel to conduct thorough analyses. West Monroe, in partnership with Mergermarket, interviewed North America-based senior M&A practitioners to provide insight on the complexities and challenges of cybersecurity due diligence in the acquisition process.
- 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
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