Mergers and acquisitions in the business cybersecurity industry? The world is now more reliant on technology than ever before. The emergence and growth of technology has had a positive impact on human life, but the convenience has, however, come with the risk of cyber attacks. If you use a tech device for whatever reason, then you’re highly likely to be exposed to a cyber attack. You’ll need to be protected, and that’s where cyber security comes in. Cyber security is the protection of electronic data and information. It’s the defense of electronic systems on devices, like computers, cell phones, servers, and networks, from malicious attacks. Regardless of who you are, it’s important to keep your data safe from unauthorized access.

Protecting your business against such attacks is not impossible, but you must be diligent. Regular data backups should be mandatory. It’s imperative that you use an offline or cloud-based backup, otherwise the ransomware can spread to those backups over the network in the same way they did your original files. Additionally, simple strategies such as two-step authentications can limit the spread of harmful malware and if user information is stolen, it can’t then be reused. Proactive security monitoring is a critical component of a fully functioning IT facility. By having the security in place, you automatically minimise the risks against emerging cyber threats. Our monitoring services can oversee your systems 24/7 and react to threats immediately to mitigate damage. Our team of experts will respond to alerts quickly and efficiently, providing you with ultimate peace of mind.

Time and again, these mistakes are made, but it is clear that these issues stem from a lack of awareness as opposed to a lack of professionalism. In order to tackle growing cybercrime numbers, training on the importance of cybersecurity solutions is crucial to the modern-day workplace. Unfortunately, you can’t stop a cyber attack once it’s happened. You need to be prepared should something like this ever happen to your business. Realistically, our digital world is only going to become increasingly prone to cybercriminals and hackers, so take the correct preventative measures now. Often, things go wrong when companies don’t seek the help they require from the get go. Cybersecurity specialists can, not only guide you in the right direction with the protection you may need, but their expertise in such a complex sector will prove a valuable investment to your company.

Mergers and acquisitions require a mix of strategic and tactical work – cybersecurity is usually an item on the tactical list. Many organizations are drawing up plans for mergers and acquisitions right now, as leaders look for growth after the pandemic slowdown, and as new business models emerge. However, weakened cybersecurity hygiene throughout the last year means that these M&A transactions elevate the risk of cybersecurity incidents. “M&A can be a breeding ground for cyberattacks and data breaches,” said Mordechai Gal, operations director at AccessHeat Inc. “Stringent due diligence that includes a focus on cybersecurity will help reduce regrets later in the deal lifecycle.” Today’s M&A plans need to include cybersecurity at several strategic and tactical points, to address growing scrutiny from regulators and other evolving cybersecurity risks.

While mergers and acquisitions generally lagged during the COVID-19 pandemic, they didn’t stop completely. Several notable transactions have taken place since early 2020. In March 2020, Sophos announced the completion of its take-private acquisition by Thoma Bravo. Later that summer, Thoma Bravo finalized its acquisition of Exostar, and earlier this year it agreed to acquire Proofpoint for a whopping $12.3 billion. It wasn’t the only private equity firm having a busy year: Symphony Technology Group bought RSA, McAfee’s enterprise business and, more recently, FireEye’s product business. Early last year, Insight Partners bought Armis for a valuation of $1.1 billion.

Recent cybersecurity consolidation news: Covail announced today that it has agreed to be acquired by cybersecurity and managed detection and response (MDR) services provider GoSecure. The transaction is estimated to close in December 2021. Terms of the acquisition were not disclosed. “Since our founding six years ago as the Columbus Collaboratory, our goal has been to find ways to leverage collaboration to deliver successful AI, cybersecurity and cloud-based software solutions to our Fortune 500 clients,” said Covail CEO Matt Wald. “With this acquisition by GoSecure, our clients will now have access to an even broader set of capabilities and expertise thanks to our ability to leverage GoSecure’s class-leading capabilities and solutions. This will also help to further accelerate market penetration for our leading-edge security products and AI capabilities.

Acclaim Technical Services (ATS), backed by venture capital firm Blue Delta Capital Partners, has acquired Entegra Systems, LLC, a cybersecurity technology solutions provider that supports defense, intelligence and national security missions. Financial terms were not disclosed. ATS was founded in 2000 and is focused on the U.S. federal government’s intelligence community and provides technology services related to intelligence, operations, technology, training and language services to support the national security mission. Entegra Systems, founded in 2005, is based in Hanover, Maryland with additional offices in Virginia and Georgia. The company provides solutions and services to U.S. government defense and intelligence customers including enhanced situational awareness, operational planning, intelligence and geospatial analysis, and cybersecurity and intelligence operations.

Strategic mergers can fill gaps in existing platforms and fortify the electronic barrier from outside threats. While increased strength is a plus, some other attractive gains from a consolidation include the merging of data feeds, security orchestration, automation, and response. This all contributes to a whole suite of protections that have the ability to communicate with one another such as cloud threat protection, two-factor authentication, and recovery services. https://www.access-heat.com/ is in the market to acquire cybersecurity firms and leverage their varied technologies to achieve combinational and transformational synergies. If a profitable exit strategy is one of your future goals, our investors will work directly with you to transition your company into our investment firm.