Cybersecurity: Why it matters in M&A Transactions
At a time when we are all dependent on our IT systems and when digital assets are of central importance, cybersecurity is one of the most critical aspects to protect our businesses, know-how and data from being stolen, disclosed, deleted andor manipulated.In light of the global threats that potentially could affect every business ("no one is safe"), public regulators have started adopting regulations on cybersecurity (e.g. the Austrian Financial Market Authority published guidelines for IT security in financial institutions). In...