AI as a solution for cybersecurity problems in M&A deals
Artificial Intelligence (AI) has immense potential as a solution for cybersecurity vulnerabilities in M&A deals. Generally, M&A deals generate value and as such, understanding vulnerabilities on the acquirer and target sides is important for completion of the transaction. With the common usage of networks and servers to store high volumes of data by corporations, vetting for cybersecurity attacks has become a priority in the M&A due diligence process. In a recent study, IBM reported that the global average cost of a data breach has risen 6.4 percent over a 12 month period to $3.86 million. The average cost for each lost or stolen record that contains confidential information is also up 4.8 percent to $148, a number that can grow at an exponential rate any time a significant breach has taken place.
Read all about the potential of AI as a solution for cybersecurity vulnerabilities in M&A deals on our Deal Law Wire blog here.