Officers and directors of emerging companies are posed with challenging questions. What are my duties? What are best practices? What is appropriate for my company at this time? The risks are real, and the stakes are high. Failure to devote the right amount of resources to cybersecurity can hurt a company’s valuation when raising money or pursuing a liquidity event.
Foley has published a cybersecurity white paper for management teams of all sizes. It includes steps to address, mitigate, and respond to risks associated with data security. Checklists are included.
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