Cybersecurity assessment an essential part of due diligence

Cyberattacks, data breaches and other malicious hacks have become more prevalent and more sophisticated. Such invasions can be very expensive to work through or could cripple a business. Further, threats and vulnerabilities can remain undetected for a long period of time. An acquiring entity may not discover the issue until after the closing. By then, the damage may be catastrophic. That’s why it is crucial to conduct a thorough cybersecurity assessment during due diligence.