We have issued a memo on transactional considerations for investors, purchasers, and sellers of companies that collect or process personal data of California residents arising from the California Consumer Privacy Act, which becomes effective January 2020.

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Continue Reading Impact of the California Consumer Privacy Act on M&A – Davis Polk Memo

Some of the most significant recent cyber breaches originated at vendors.  We have previously discussed the importance of effective oversight of third parties because vendor breaches can lead to regulatory actions for companies.  Indeed, recent regulatory guidance provides that vendor diligence is an essential part of any cybersecurity program.  This
Continue Reading Cybersecurity Vendor Due Diligence—Some Practical Tips from the Front Lines

The New York Department of Financial Services (“NYDFS”) recently issued guidance for its covered entities[1] highlighting the importance of cybersecurity as a necessary part of M&A due diligence. This guidance comes in the greater context of the Yahoo! SEC resolution to demonstrate that regulators are paying close attention to
Continue Reading NYDFS Highlights Continued Importance of Cybersecurity in M&A Due Diligence