December 5, 2021

Volume XI, Number 339

Advertisement
Advertisement

December 03, 2021

Subscribe to Latest Legal News and Analysis

Privacy, Data Security, and Your Board: Day Five

In our final installment on privacy, cyber security, and your board, we look at privacy and cyber issues in M&A. So you are thinking about acquiring a new entity? Divesting of current one? Due diligence will need to be conducted to best understand and evaluate privacy and data security issues and risks. Your board will expect this of you, especially as more and more data security issues receive top billing in the news. The board will want to make sure buyers have done their jobs and have looked at and understand the type of personal information the target acquisition collects and stores, how it protects such personal information, and the details surrounding any prior data security breaches suffered by the target. If divesting a company, expect that the other side will ask similar questions about privacy and data security. Boards, in thinking about their duty of care and oversight of privacy and data security matters, will want to make sure that these issues are not forgotten in the M&A process. For our prior post on this topic, click here for day one, here for day two, here for day three, and here for day four.

Putting it into practice: When entering into the purchase or sale of a business, boards are becoming more and more focused on privacy and data security issues and ensuring the appropriate due diligence is conducted to address such risks and issues.

Copyright © 2021, Sheppard Mullin Richter & Hampton LLP.National Law Review, Volume VIII, Number 61
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

About this Author

Kari Rollins Intellectual Property Lawyer Sheppard
Partner

Kari M. Rollins is a partner in the Intellectual Property Practice Group in the firm's New York office.

Areas of Practice

Ms. Rollins focuses her practice on privacy and complex commercial litigation matters. She has successfully represented clients in the financial services, audit and accounting, food services, retail, and fashion industries before state and federal courts, as well as in front of state attorneys general, federal regulators, and U.S. and international commercial arbitration forums....

212.634.3077
Liisa Thomas, Sheppard Mullin Law Firm, Chicago, Cybersecurity Law Attorney
Partner

Liisa Thomas, a partner based in the firm’s Chicago and London offices, is Co-Chair of the Privacy and Cybersecurity Practice. Her clients rely on her ability to create clarity in a sea of confusing legal requirements and describe her as “extremely responsive, while providing thoughtful legal analysis combined with real world practical advice.” Liisa is the author of the definitive treatise on data breach, Thomas on Data Breach: A Practical Guide to Handling Worldwide Data Breach Notification, which has been described as “a no-nonsense roadmap for in-house and...

312-499-6335
Advertisement
Advertisement
Advertisement