[Wiebke von Ahsen]

How will it be ensured that the IT systems of both companies are seamlessly integrated, and what steps are planned to minimize potential risks such as data loss, system failures, or security vulnerabilities during the integration?

[Syed Zia Ul Hasan Rizvi]

I believe integration of IT systems requires a comprehensive strategy to address potential risks like data loss, system failures, and security vulnerabilities. An IT integration plan, created as soon as the deal is announced, should outline the goals, milestones, responsibilities, and timelines. Cross-functional teams comprising IT, cybersecurity, and data management specialists from both companies work collaboratively to align on integration objectives. Auditing existing IT assets, systems, and architectures of both companies is crucial to understanding compatibility. This includes mapping out data flows, dependencies, and potential integration points. A data governance framework is essential to manage access, usage, and data-sharing policies. It ensures that only authorized personnel can access data during the integration. Ensuring compliance with relevant data protection laws i.e. identifying sensitive data and applying data encryption, masking, or anonymization where necessary. Regular backups of critical data are essential, enabling rollback options if any issues arise. Listing specific risks (e.g., data loss, downtime, security vulnerabilities) and their potential impact ensures they are actively monitored. For each identified risk, define contingency plans, including escalation paths, alternative systems, and response protocols to mitigate downtime or security incidents. Setting up response teams to handle any system failures or breaches during integration ensures swift containment and recovery.

[Hanna Pakala]

It is important to conduct IT due diligence assessment as a part of DD process prior to acquisition and develop a comprehensive integration plan in advance.

[Author]

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