Randy Sabett, Sean Weppner, Daniel Alvarez
Four years ago the spotlight in M&A turned to cybersecurity when the Verizon acquisition of Yahoo! was affected by a major data breach. Once again, a major incident has increased the focus on the cybersecurity and privacy diligence process. Recent comments by the ICO about diligence in the Marriott acquisition of Starwood and subsequent fines under the GDPR have increased the attention that parties are paying to cyber diligence. This session will briefly examine both the Verizon/Yahoo! and Marriott/Starwood deals, discuss recommended practices in the diligence process, and provide details on potential exposure if something happens during or after a deal.
Randy Sabett, Special Counsel, Cooley
Sean Weppner, Chief Strategy Officer, Nisos
Daniel Alvarez, Partner, Willkie Farr & Gallagher LLP