Any cyber-attack can do significant operational, financial and reputational damage to an organisation. Of the various types of cyber-attacks, ransomware is increasingly favoured by cyber criminals who seek financial gain through digital extortion.
The annual number of ransomware attacks worldwide increased nearly twofold from c.300 million attacks in 2020 to c.600 million attacks in 2021.
In our latest whitepaper we examine what investment teams, operating partners and corporate M&A teams need to know concerning ransomware on both buy and sell sides of a transaction. We cover some essentials regarding cyber incident reporting requirements in the UK and Europe and we offer recommendations on how to navigate ransomware related risk that will invariably be encountered during the M&A process.
Enjoy the read: Navigating ransomware during M&A