An M&A is a big event for a company, and for security and IT teams it might mean many sleepless nights. Mergers and acquisitions often require a large-scale integration of new networks and/or users, quickly. But this doesn’t have to be the case with zero trust. This blog post provides CISOs and CIOs with the ultimate checklist for connecting users after an M&A. For more information about zero trust, follow our blog.
1. Check Security Measures
The first step for a CISO/CIO after deciding on purchasing a company, is to examine which security measures it implements. Check into their compliance with regulations, who has access to data and information, how third parties connect, and which technologies and tools are used.
2. Conduct an Audit
Once you have a good understanding of which security measures they have in place, now is the time to examine how strong they are:
- First, check for incidents of breaches and leaked data in the past. If these incidents occurred, examine the measures the company took to reduce exposure and improve security posture afterwards.
- Second, run a vulnerability assessment. You can use tools like vulnerability scanners, penetration tests and more.
- Third, examine if the company is using any vulnerable security tools, like VPNs or outdated antivirus software.
- Finally, aggregate your results and build a remediation plan for the acquired company to implement.
3. Examine the Impact of Remote Work
Covid-19 has changed the way we work, and these changes are likely to stick around for a while. Remote work in different formats will require new network and security tools and ways of thinking. Examine what the company’s plans and requirements are for remote work, to make sure these can be addressed when the two companies merge.
4 . Build New Access Policies
Connecting users from two separate groups into one requires new access policies that will enable seamless connectivity. For example, if two users from each separate company have the same IP address, or two apps require different Java versions – this could create a clash in the system.
This is where zero trust shines. Zero trust enables connecting users instantly without migrating users and networks, while enforcing the security regulations of the purchasing company and the highest security standards. By creating policies that determine which devices and users can access which systems and applications, zero trust can enable connecting users in a day instead of months.
Companies don’t need to go through the resource-heavy process of migration, because connection isn’t network or IP-dependent. Instead, it secures based on identities.
For example, when migrating the IDP, e.g Azure AD or Okta, zero trust connects straight to the new IDP, without moving the users or touching them. In addition, if the company does decide to migrate, zero trust can offer connectivity support and ensure migration takes place with no downtime. This is essential for business continuity.
Now that new policies are in place, you can keep users continuously connected from anywhere, in a seamless manner. This accelerates the business merger process to ensure success.
How Zero Trust Significantly Shortens M&A Processes
Once an M&A is decided on, a flurry of actions is set in motion. Cross connecting new sites requires a lot of planning and resources, both technical and organizational. This is essential for building the business, ensuring technical capabilities and complying with regulation and standards.
Zero trust removes many of the technical barriers and red tape that accompany this process. Instead of months and even years of discussions and implementation of connectivity, zero trust enables granting users immediate and secure access to any application, regardless of network infrastructure. Infrastructure preparations become redundant. The only action required is to connect an IDAC and determine policies. This takes less than an hour.
Organizations can save 70%, 80% and even 95% of their time that was spent on merging IT projects and endless meetings. This is a significant accelerator for growth.
Cyolo is the leading zero trust security provider for organizations going through an M&A. By securely connecting all users from anywhere without requiring a VPN, and authenticating devices, Cyolo enables employees to focus on their work and your business to grow. Cyolo provides advanced user management features, real-time recording abilities and an easy to use UI. Cyolo can also integrate with your VPNs, if needed.
Cyolo takes minutes to implement and is compatible with any network topology and identity infrastructure. In addition, Cyolo does not have access to the organizational data. Not only does this ensure true privacy and security, it also improves performance as a better user experience. Request a demo to learn more: cyolo.io/demo-request.