Find Out How Cybersecurity Can Make Or Break Business Success
Cybersecurity is not top of mind when exit planning.
But I know a UK engineering firm’s exit plans recently collapsed due to a serious data breach from lax security.
Acquirers increasingly scrutinise cybersecurity. Gaps negatively impact or derail exits.
If exiting in the next few years, learn from others’ mistakes:
✔️ Assess risk profile. Identify system, data and team vulnerabilities. Address gaps.
✔️ Implement layered defenses. Use advanced tools like AI threat detection and 24/7 monitoring.
✔️ Control access. Strict controls and multi-factor authentication to limit entry points.
✔️ Train staff. Educate employees on best practices through regular training. Human error is a huge risk!
✔️ Backup data. Restore quickly if compromised.
✔️ Incident response plan. Protocols to contain, investigate and recover potential breaches. Consider cyber insurance.
Show acquirers you take cybersecurity seriously to support strong valuation.
#SME #M&A #cybersecurity #business #exitlaunchpad
