Chris Lyon spoke to Bloomberg Law about how the rise in cybercrime has led to companies paying more attention to privacy and cybersecurity to avoid potential liability after a merger or acquisition.
“The combination of privacy laws and the expanding data-driven nature of deals has caused companies to look at privacy and security in M&A as not just another legal compliance area but something that’s essential to business,” Chris said.
She added that data can be a significant asset for companies but, if improperly collected or handled, can also present sizable legal risks. “I’ve certainly seen companies taking a step back and looking at privacy and security through a wider lens.”
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