Would your company want to acquire an organization that has been hacked or likely will be in the future? Probably not. There are many financial, legal and reputational risks inherent in buying a company with cybersecurity problems. However, a new survey from Freshfields Bruckhaus Deringer shows that although many dealmakers are very much aware of the downsides of doing business with and acquiring a risky company, they are failing to take these issues into account during the M&A process.
The report, “Cybersecurity in M&A,” evaluates survey responses from 214 dealmakers located around the world, with the majority based in North America and Europe. It reveals an unsettling gap between the perception of how cyberrisk devalues a company and the reality of how much thought is put into cyberrisk issues as part of the M&A.
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