Skip to Main Content


Don't Let a Data Breach Derail the Deal

January 14, 2017 - Crain's Cleveland Business
Social Logo Social Logo Social Logo

by Tod Northman and Thomas Peppard, published in Crain's Cleveland Business

The global cost of cybersecurity breaches in the business world is forecasted to exceed $2 trillion by 2019. The average cost of each data breach is more than $4 million and growing annually, according to a 2016 IBM-sponsored study. Of those businesses that participated in the study, 26% were likely to experience a cyberbreach in the next 24 months. Earlier this fall, Verizon signaled the need to re-evaluate its $4.8 billion bid to buy Yahoo! upon discovering a previously undisclosed Yahoo! data breach. With all of those cringe-worthy statistics in mind, cybersecurity due diligence should no longer be an afterthought to most buyers and their legal counsel.

Read the article here.

Perspectives on employee benefits, executive compensation and ERISA litigation to help you attract and retain talent.
Libation Law Blog
Alcoholic beverage and cannabis regulatory and legal updates.
lingua negoti
The language of business.
Ohio Environmental
Insights and commentary for the business and legal community.