We often talk about the need to manage cyber risk and mitigate the risks of a cyber attack and its impact.

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We often talk about the need to manage cyber risk and mitigate the risks of a cyber attack and its impact. But there is an adjunct to this, legal risk. As the energy sector grows our reliance on digitally distributed energy systems such as wind and solar farms grows. Infrastructure which is becoming a target for hackers.

As this article points out there are instances where the operator of a wind farm has legal obligations under German Law to secure the facility and protect the personal data, which maybe compromised in the event of an attack. In this case raising questions about the obligations of a purchaser under an M&A agreement to ensure that they have completed appropriate due diligence before a purchase.

#cyberrisk #insurance #cyberinsurance #europe #cybersecurity #security #legalcompliance #cyber #capitalraising #capitalmarkets #mergersandacquisitions

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