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In this episode of Connect On Tech, your host Brian Hengesbaugh is joined by Bill Rowe, a partner in Baker McKenzie’s Chicago office who focuses on mergers and acquisitions including acquisitions of tech targets and IP based businesses. The episode covers: How next generation intellectual property assets are affecting the type of M&A transactions being pursuedHow ”compliance culture” diligence can help companies navigate potential privacy issues in transactionsBill’s tips for companies acquiring tech targets https://open.spotify.com/episode/0x7NvyGgxjwQiyj2P7fis6…

Late last year the UK Information Commissioner’s Office issued its first formal monetary penalty notice under the GDPR. The ICO fined Doorstep Dispensaree £275,000 for, among other things, failing to keep sensitive data securely and providing an inadequate privacy notice to data subjects. This fine was based on a number of fundamental breaches by Doorstep Dispensaree: for example, most of its internal policies had not been updated since before the entry into force of the…

Fact is that data privacy and security laws primarily hold the data controller responsible for compliance – i.e., the customer in a service provider relationship. The customer has to ensure that the data made available to the service provider has beencollected in compliance with privacy laws, data subjects have consented or received notice, filings have been made, etc.The service provider – as the data processor – has typically only three duties under data privacy laws:…