105: Fred Purdue: Information Security Due Diligence 101

In this episode of CyberSound, Vancord’s Cybersecurity Podcast hosted by Jason and Michael, the focus is on the intricacies of mergers and acquisitions (M&A) within the cybersecurity realm, featuring guest Fred Purdue, Managing Director of Mergers and Acquisitions at West Monroe. Fred discusses his role in assisting private equity firms through the M&A process, emphasizing the importance of IT and cybersecurity due diligence. He shares insights into the different stages of the M&A process, from initial assessments to integration strategies, and highlights common red flags and risks, such as outdated technology and cybersecurity vulnerabilities. 

The conversation also covers the increasing necessity of cybersecurity assessments in transactions, the potential impacts of cyber risks on deal valuations, and the importance of having well-defined security and technology strategies, offering valuable insights for both buyers and sellers in the market.