decrypting myths
Achieving a deep
understanding of
the technology and
how it will function
inside the broader
ecosystem is critical.
2. Industry consolidation
will increase the possibility
of a breach
After a period of explosive innovation
and growth in the security solutions
space, 2019 saw a busy year of
consolidation, with larger players
snapping up smaller ones to expand
their portfolios. Shawn Valle, Chief
Security Officer at Rapid7, commented
that there will be an onslaught of new
players that acquired their way into key
positions: “We could see new leaders in
all things cloud security and all things
security applications.”
Beyond the economic implications
for the industry, consolidation in
cybersecurity has another angle that
in the early stages of planning to have
a greater understanding of the security
posture and capabilities of the company
being acquired.
Christina Van Houten, Chief Strategy
Officer at Mimecast, said: “Most
companies use M&A to buy growth
and revenue but traditional financial
due diligence is no longer enough to
ensure success. Achieving a deep
understanding of the technology and
how it will function inside the broader
ecosystem is critical.”
all organisations need to consider.
The complexity that comes with
diverse security technologies and
the ecosystems where they operate
68
together injects risk around inadvertently
acquiring your next breach. To mitigate
this challenge, security leaders must be
brought into mergers and acquisitions
Houten also noted that more emphasis
should be put on building relationships
at all levels within the organisation well
before the transaction takes place. “The
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