TheStreet Quotes Carrington Coleman Partner Sara Romine on Effects of Cyber Insurance on Mergers

Cyber Insurance Could Lower Risk of Hacks Before an M&A Deal Is Completed
An insurance policy can impact the amount an acquirer is willing to pay, said Sara Romine, a partner in the Dallas office of Carrington, Coleman, Sloman & Blumethal. The devil is in the details and the prospective buyer will want to know exactly what the policy covers, the adequacy of the limits relative to the potential cost of a security incident and whether the coverage tracks the specific risks the company faces, she said.

Read the entire article at TheStreet.

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