Evaluating risk is paramount in any software transaction. In the realm of mergers and acquisitions (M&As), a thorough risk assessment is essential to identify a target company’s potential pitfalls, financial liabilities, and legal obligations. The analysis of such risks is pivotal for informed decision-making, ensuring that acquirers are aware of the risks they may inherit.
These statistics show that organizations struggled to maintain basic cybersecurity practices in 2023. But what can organizations do to improve their networks and help prevent attacks in 2024?
The growing frequency and sophistication of cyberattacks, especially on the ransomware front, have compelled even more companies to seek cyber insurance coverage. But as the need for coverage grows, so do the complexities. Even though we’re seeing a trend in which premiums have flattened, with expectations that this will continue as a market correction occurs, significant challenges remain for companies seeking coverage.
The Pan-American Life Insurance Group (PALIG) provides various insurance plans across the states and beyond. PALIG employs more than 2,100 staff and has a 110-year history of providing insurance to those needing it. Companies and individuals turn to PALIG in their time of need, and PALIG returns the favor by providing high-quality insurance options.