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.
Due Diligence
Cybersecurity Vendor Due Diligence—Some Practical Tips from the Front Lines
By Avi Gesser, Matthew Kelly, Michelle Adler & Mengyi Xu on
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…
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NYDFS Highlights Continued Importance of Cybersecurity in M&A Due Diligence
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…
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