Tuesday, December 1, 2020

Cybersecurity Checklist for Business Closures

prompting many business closures, consolidations, and acquisitions. When a company transitions in any of these ways, it’s critical to have a cybersecurity checklist to lower risk and ensure data is secure.

What should your checklist include? It depends on the type of transition of the organization. At the core of each is the focus on compliance, regulations, security, and privacy. Even if a company doesn’t exist any longer, it still leaves behind lots of sensitive and/or personal data. In most cases, the closed or acquiring business still must be a custodian of those records.
What to Do Post-Acquisition
Adjust governance for employees via standard security policies, cybersecurity training, and permission-based access.
Conduct ongoing assessments around cybersecurity and enrich current programs to ensure employees understand and follow requirements, and create a baseline for information security with roadmaps for continual enhancement.

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