Companies That Assume They Are Secure Risk Being Devalued in M&A Deals
Experiencing a Cyber Breach is an Opportunity to Increase the Valuation of Companies During M&A Deals
TORONTO, ONTARIO, CANADA, April 5, 2023/EINPresswire.com/ -- According to the cyber security response team, CYPFER, experiencing a cyber-breach may benefit companies during M&A (Mergers and Acquisitions) deals. The company’s CEO, Daniel Tobok, stated that it’s a good thing when a M&A deal involves a potential entity that has experienced a breach. It is essential to see how they handled it and what they’ve done to correct it.
Companies that have experienced a breach are more likely to comprehend their security gaps and explain to a buyer what they’ve done to better secure their assets. Tobok stated that this is more comfortable than dealing with a company that claims to be spotless with no incidents. Companies that assume they are secure are an example of the “gap in maturity” in the industry, and it’s never a question of “if” but “when.”
In one M&A deal, the seller, a software company, demonstrated how they proactively prevented countless cyber breach attempts against their systems. This ultimately secured them a higher selling price. Tobok explained that the seller defended over 100,000 attempts on their back end and increased their selling price by 4.5%.
Tobok explained that most companies misunderstand the impact of cybersecurity on evaluating their business. It can devalue a particular deal by 17 - 22% if an entity is found to have unresolved cyber gaps.
In conclusion, experiencing cyber-breach is not all doom and gloom. It may benefit companies during M&A deals by enabling them to demonstrate their proactive security measures, which could lead to a higher selling price. Companies that assume they’re secure are at risk of being devalued in a deal. Therefore, it is essential to ensure that cybersecurity is a priority.
How can a company determine if they’re assuming they are safe from cyber threats? They can ask themselves, “when was the last meeting we discussed cybersecurity?” and “Who were the last cyber experts we consulted?” If these questions are hard to answer, then contact CYPFER today at and make cybersecurity an essential part of your business strategy and increase your valuation.
About CYPFER
CYPFER is a market leader in ransomware post-breach remediation that provides 24/7 service
to businesses, organizations, and governments at any time on a global scale. CYPFER combines
deep experience in structured, exceptionally creative and threat intelligence-enriched negotiation techniques to deliver results that far surpass markets statistics for cyber-extortion and ransomware events. Their expert team of cybersecurity professionals works with several prominent global insurance carriers, leading law firms and Fortune 1000
organizations.
CYPFER’s core services include:
Cyberattack Recovery
Advisory
Cyber Resilience;
Digital Executive Protection;
Ransomware Recovery.
Founded in 2019, CYPFER is headquartered in Toronto, Ontario. The company employs 100+ people around Canada, USA, Caribbean, and UK, with plans to grow to 200 in 2023.
For inquiries, please contact: Daniel Tobok via email dtobok@cypfer.com
Richard Dolan
cypfer
+1 416-200-3421
email us here
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Exploring the Fascinating World of Cybersecurity with CYPFER's CEO Daniel Tobok & Richard Dolan.
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