Don’t Acquire a Company Until You Evaluate Its Data Security
When Marriott International acquired Starwood in 2016 for $13.6 billion, neither company was awareof a cyber-attack on Starwood’s reservation system that dated back to 2014. The breach, which exposed the sensitive personal data of nearly 500 million Starwood customers.
In M&A activity, a target’s quality may be linked to the strength of its cybersecurity and its compliance with data privacy regulation. Therefore, due diligence on data and privacy practices is strongly advised.
Full article: Don’t Acquire a Company Until You Evaluate Its Data Security
