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.

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

Stikeman Elliott provides creative Canadian legal services to clients around the world.

In this series of 15-minute podcasts on private equity and midmarket M&A, with a focus on Canada, a wide range of industry participants discuss the deal market trends that they’ve been seeing. The host and originator of the series is Mario Nigro, M&A partner at Stikeman Elliott in Toronto.

Read more about Mario Nigro: https://bit.ly/3IkJsPJ

🔗 To stay connected and receive the latest updates, subscribe to our podcast on Soundcloud, Spotify, and Apple Podcasts
🔗 Follow Stikeman Elliott on LinkedIn for more insights
🔗 For more information and resources, visit stikeman.com/viewsfromthemarket