Merging firms appealing targets for attackers

Companies going through a merger or acquisition, as well as their lawyers, financial advisers, and other associated firms are all tempting targets for cyberattackers, according to a new report from Digital Shadows.

The attackers use public sources for the first round of information gathering, then spearphishing and malware campaigns against targeted individuals. They are often undetected because many companies still ignore cybersecurity when doing due diligence, the report said.

The attackers are “apex predators” said Rick Holland, the company’s vice president of strategy.

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