Businesses of all kinds are vulnerable to cyber attacks. Lloyd’s estimated that businesses lose up to $400 billion per year due to data breaches. With the recent growth in mergers and acquisitions activity — 2015 was the biggest year for M&A ever, according to the Wall Street Journal — deal activity is drawing the attention of cyber criminals. Although there was always the risk of deal information leaking, now that documents are shared electronically, the possibility of unauthorized access to documents is greatly increased.
Deals can get stalled for virtually endless reasons. That’s why it’s important to minimize any potential problems on your end by staying organized, informed, and communicative throughout the whole process. That can be hard, but fortunately there is a growing number of apps geared toward M&A professionals to make their lives easier and their work more effective. Here are five to check out in 2016.