By Alan S. Wernick, Esq., Aronberg Goldgehn
A data breach shortly before or just after the closing of an M&A transaction can be very costly, as evidenced by recent deals by Verizon Communications, Marriott International, and Spirit AeroSystems. Alan Wernick, Of Counsel at Aronberg Goldgehn, examines the circumstances of those transactions and poses questions buyers and sellers should ask themselves to be better prepared for a cybersecurity incident. He believes proactive planning around cybersecurity is critical to mitigating the potential costs introduced by waiting to address these issues until after a deal is underway. He offers some due diligence considerations, including advice on what outside resources a company might consider to be prepared for potential privacy/cybersecurity issues.
To read the entire article, click here.