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Cybersecurity in acquisitions and carveouts – what is usually omitted and costs a lot afterwards?
Michał Paulski
Senior Manager of ICS Security at Accenture
Michał Paulski, Accenture’s cybersecurity expert, and Senior Manager leading OT Security in Europe. He’s a co-author of OT security standards and shared insights on “Cybersecurity in Acquisitions and Carveouts” at the Oil and Gas Automation & Digitalization Conference 2022. In this blog, we explore his strategies for avoiding costly cybersecurity oversights in these processes.
Michał Paulski, had said that when big companies buy or sell factories or plants, they sometimes forget about something very crucial: cybersecurity. It’s like buying a surprise package – you might not like what’s inside when you open it. Michał warned that ignoring cybersecurity during these big deals can lead to serious problems and costs later on. As the world changes and more factories and plants change owners, it’s super important to remember that keeping them safe from cyber threats is just as vital as making the deal itself. Michał’s advice is like a helpful guide to avoid these hidden dangers and make sure everything goes smoothly in the world of big business deals.
Michał Paulski, had said that when big companies buy or sell factories or plants, they sometimes forget about something very crucial: cybersecurity. It’s like buying a surprise package – you might not like what’s inside when you open it. Michał warned that ignoring cybersecurity during these big deals can lead to serious problems and costs later on. As the world changes and more factories and plants change owners, it’s super important to remember that keeping them safe from cyber threats is just as vital as making the deal itself. Michał’s advice is like a helpful guide to avoid these hidden dangers and make sure everything goes smoothly in the world of big business deals.
- Drive towards sustainability, geopolitical context and stakeholder expectations for business outcomes continue to catalyse the move of industrial assets form one operator to another.
- How to avoid buying a cat in the sack w.r.t. cybersecurity risks or selling an asset that may come back to haunt you?
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