Cellular Communications Provider in Merger & Acquisition
Location: Toronto, Ontario, Canada
Size: 700 employees
Reason: Mergers and Acquisitions
Effort: First 30 days full time. Next 60 days 3 days per week. Remainder of contract was flexible depending on tasks required. Minimum 1 day per week, typically 2 days per week.
This company was a well established small regional player in the Mobile Cellular Communications industry. After a considerable period of growth and stability, one of the larger Canadian Broadcast and ISP companies put in an offer to acqure this mobile company. As part of the acquisition, the new parent required that a full Cyber Security Assessment be conducted, and that defiencies be remediated prior to hand-off.
In addition, the acquiring company required proof of Sarbanes Oxley compliance, and provided the tools and guidance *they* used to acheive this.
In partnership with a large Canadian Channel Partner, TeamCISO accepted the challenge, and spent 18 months preparing the Mobile Cellular company's Cyber Security program to comply with the requirements of the new parent company.
The First 30 days:
This contract took the form of an initial ISO27002 maturity assessment, interviews with the relevent subject matter experts in IT, HR, Legal, Privacy, Corporate Communications, the lines of business, as well as reviews of existing documentation.
The Next 60 days:
Beyond the 90 days:
After almost 18 months of effort, we successfully handed the Cyber Security reins over to the parent.
Benefit to Client:
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