Skip to content

Internet Explorer is no longer supported by this website.

For optimal browsing we recommend using Chrome, Firefox or Safari.


Don’t Let a Data Breach Derail the Deal

January 14, 2017

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.


Related News

New Act Gives Ohio LLCs Tools to Cut Off Claims

by Ludgy A. LaRochelle, Glenn E. Morrical, Daniel L. Schiau II More