Gauging the recent activity in mergers and acquisitions (M&A), specifically in the tech space, cybersecurity firms are increasingly becoming the stars of the show. The brightest ones being those specializing in email, data security, and encryption. This surge in activity highlights a critical aspect of the present moment: the essential need for robust security measures to protect sensitive communication. It makes perfect sense for businesses, especially those engaging in mergers and acquisitions to prioritize email security features like encryption, especially considering the significant risk of financial loss.
Is this really a cause for concern? Unquestionably yes. Thelatest FBI data shows that business email compromise (BEC) has led to nearly $51 billion in reported losses.
