An employee’s self-interest is the most common data breach in a Merger and Acquisitions

Providing proof that your I.P. and sensitive data has not been breached or compromised by employees will become the new requirement to close the deal.

Press release Warrenville, Illinois, January 24, 2020 – The fear of the unknown encourages employees to take data.  Everything from vendor files, pricing, customer list, drawings, formulas, and intellectual property is at risk and more. There is no hierarchy as to whom or when.

More than half of the employees who left or lost their jobs in the last 12 months kept confidential corporate data, and 40 percent plan to use it in their new position.

Quest research found 90% of organizations feel vulnerable to ‘insider’ attacks, with excessive access privileges (37%), access to sensitive data (36%), and the increasing complexity of IT (35%) being the key reason why.

The reality is companies do not even know what their employees took.

What’s at risk?

If the intellectual property or sensitive data was stolen, does the deal still get done?

Armarius Software announces today that it is the only real-time proactive software designed to protect your intellectual property and sensitive data from employees or anyone with malicious intent during and after the merger and acquisition process.

We provide you peace of mind and proof that your sensitive data assets and I.P. have not been compromised, and the value of your merger or acquisition remains an integral part of your investment.

Armarius Software is the only preventive SAAS solution that proactively monitors and manages in real-time your employees’ access to sensitive data and I.P.  It can stop malicious behavior, record it and provide alerts before any data can ever leave the network.

The software has a complete audit reporting feature set to prove that your I.P. and sensitive data has not been breached or compromised.  You will know through the entire M&A process who had access to sensitive data and I.P.  You will be able to monitor and manage who can have access and what they can or cannot do with the data.

Unlike other IT solutions which only react after an occurrence has happened and can threaten your deal. The Armarius Software solution can prevent a breach of your data before it can occur.  Even if an employee with good intentions, mistakenly tries to email sensitive content or attach a document, it will be stopped before it can be sent out.

Armarius Software manages and monitors what can and cannot be done with USB devices, printers, email, web access, screen capture prevention, and more.  The software also provides a discovery feature to know where sensitive data/files always are and protect your data from unsecured exposure.

Reporting functions are available to allow the automation and enforcement of HR and IT policies. The software uses an initiative user interface that allows an ease of installation in 30 minutes or less.

It only takes one employee to jeopardize a deal by taking your sensitive data or intellectual property.

Whether you are buying or selling, the value of your deal is in the data and I.P. so, protect IT with Armarius Software for M&A.

 

About Armarius Software

We are an affordable software-as-a-service hosted on your server or cloud platform. Our scalable industry-agnostic software solution is ideally suited for small to middle-market clients that have anywhere from 5 to 100,000 users. Our solution has proven its robustness in financial banking for over ten years.  Any industry from manufacturing, distribution, services, retail, and more can use our software.  Our software is used in highly regulated industries that required data compliance to meet SEC, SOX, HIPAA, NIST, GDPR, PCI, ISO, PII, CCPA, and others.  We proactively monitor and manage user behavior, so your sensitive data and I.P. is never at risk.

Know now, what you need to know!

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If you would like more information about this topic, please call Brian Payne at 1-331-305-3700, or email bpayne@armariussoftware.com