Bugcrowd Launches a Merger and Acquisition Assessment

riskacademy — Thu, 20 Aug 2020 11:38:47 +0000

Bugcrowd, the #1 crowdsourced security company, announced the launch of Bugcrowd M&A Assessment (Mergers and Acquisitions), a pre-packaged bundle of security tests that combine remotely-deployed penetration testing with the advanced asset discovery, alerting, attribution, prioritization, and management capabilities of the Bugcrowd platform. Organizations can initiate these tests in 72 hours or less—record time for the industry—and access results in real-time, expediting an evidence-based evaluation of a merger target’s cybersecurity posture.

“By 2022 60% of organizations engaging in M&A activity will consider cybersecurity posture as a critical factor in their due diligence process, up from less than 5% today,” states Gartner in their report, Cybersecurity is Critical to the M&A Due Diligence Process. Gartner also notes that “the inability to manage the integration of cybersecurity practices poses its own risks.”

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“Mergers and acquisitions are inherently complex and lengthy processes. Historically, the M&A diligence process had focused on financial, legal, commercial, and…

Due Diligence Best Practices to Support Your COVID-19 Recovery Efforts

riskacademy — Fri, 15 May 2020 11:00:38 +0000

How can compliance programs support their firm’s recovery from COVID-19? Kroll’s Daniel Hartnett suggests that due diligence best practices can help compliance officers assist their firm’s efforts to rebuild the global supply chain network in a likely environment of “doing more with less.”

The COVID-19 pandemic is altering global supply chains in ways that will not be recognizable when compared to the outbreak. Third parties up and down a company’s supply chain network are experiencing various levels of disruption, and many are unlikely to survive. Of those that do survive, many are likely to emerge in a different form. Geographic concentration, once seen as a supply chain strength, is increasingly identified as a weakness to be corrected. As a result, even with the various support efforts governments are enacting, COVID-19 is likely to have a lasting effect on global supply chain networks.

Because of these changes, companies that rely upon global supply chains will face increased pressure to more effectively and efficiently manage their third-party risk. On the one hand, they need to rapidly identify, screen and onboard new third parties to replace those that can no longer meet their firm’s needs due to COVID-19 disruptions. At the same time, however, companies need to continue to minimize their…

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Corporations – РИСК-АКАДЕМИЯ – АНО ДПО ИСАР

Bugcrowd Launches a Merger and Acquisition Assessment

Due Diligence Best Practices to Support Your COVID-19 Recovery Efforts