Mergers and Acquisitions Demand Rigorous Cybersecurity Scrutiny to Avoid Regulatory Risks
BankInfoSecurity
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Contributed by: Drex DeFord
Summary
In the healthcare sector, mergers and acquisitions (M&As) carry significant cybersecurity and data privacy risks, as highlighted by attorney Jonian Rafti. Buyers must recognize that acquiring a company involves inheriting its regulatory challenges, requiring careful diligence on compliance with laws like HIPAA. To address these risks, both buyers and sellers should engage legal and cybersecurity experts to conduct thorough assessments of compliance and technical systems. Effective preparation and rigorous evaluations can help mitigate potential post-acquisition challenges, ensuring a smoother integration process and better protection of sensitive data.
