How to eliminate the cybersecurity risks when buying a business - IT News Africa | Business Technology, Telecoms and Startup News

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Alexey Vovk, Head of the Information Security Department at Kaspersky, cautions: “Acquiring an already established business can be an attractive option for example for entrepreneurs, given its potential for quick profitability, or similarly for large corporations that want to acquire innovative assets or intelligence that can expand their business. But over and above traditional legal, […]

Alexey Vovk, Head of the Information Security Department at Kaspersky, cautions: “Acquiring an already established business can be an attractive option for example for entrepreneurs, given its potential for quick profitability, or similarly for large corporations that want to acquire innovative assets or intelligence that can expand their business. But over and above traditional legal, financial, and governance due diligence during such a process, cybersecurity must be a focal point too.

However, Vovk goes on to caution that even beyond all the aforementioned sound advice, employee errors are also a concern and that can lead to significant data breaches. This is demonstrated in recent Kasperskycarried out among employees in the Middle East, Turkey, and Africa region.

 

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