Episode 141 - Cybersecurity in M&A: Transactional Trends and Insights

Stringent data protection laws and the sheer volume of digitized information in the possession of most businesses have increased cybersecurity’s importance in transactional due diligence. As Danielle Miller Olofsson explains in this episode, buyers are typically looking for a strong culture of cyber risk management in the form of privacy policies, incident response plans, and data retention schedules, among others. At the same time, cyber issues are becoming normalized and “de-dramatized”, with purchasers assessing the materiality of any cybersecurity weaknesses and dealing with cyber risk through price adjustments or indemnities. Cyber insurance is now well established and a must for most businesses. Trends in cyber risk management are also discussed, including a growing tendency to resist and even strike back against cyber-ransom demands. Thank you for tuning in to Views from the Market. 🔗 To stay connected and receive the latest updates, subscribe to our podcast on SoundCloud, Spotify, and Apple Podcasts 🔗 Follow Stikeman Elliott on LinkedIn: linkedin.com/company/stikeman-elliott-llp 🔗 For more information and resources, visit: stikeman.com/viewsfromthemarket