Due Diligence on Cybersecurity Becomes Bigger Factor in M&A
Automatic Data Processing Inc. deployed a team of cybersecurity, risk management and financial-crime specialists to WorkMarket before acquiring it in January.
The ADP team combed the software maker’s technology, practices and internal policies. It also interviewed staff about monitoring for intrusions, training employees and performing other security tasks. The payroll processor also hired a cybersecurity firm to do its own evaluation.
Source: Due Diligence on Cybersecurity Becomes Bigger Factor in M&A – WSJ