Mergers and Acquisitions – Why CyberSecurity Matters!
A glance at any media outlet shows that cyber attacks are more advanced and prevalent than seen in the past. Additionally, it is clear that virtually no company is immune to a cyber incident. Almost all companies and associations collect and store sensitive data, whether it is customer or employee data, intellectual property, or other confidential information. Of the numerous topics covered during recent interviews was the rising costs associated with a cyber incident, which are often quite severe. For example, the costs associated with a data breach may include forensic and investigative activities, business continuity, downtime of business-critical applications, and lawsuits. Did we mention that with the introduction of GDPR, a breach can be absolutely devastating? Yet, none of these will nearly be as impactful as the impact on the organization's reputation. There is no legal action that will absolve a business in the "Court of Public Opinion". If…