Tips for Protecting Your Data

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With the global economic cost of cybercrime totaling more than $400 billion per year and breaches affecting companies ranging from retailers (e.g. Target, Walmart and Staples) and restaurants (Dairy Queen and Jimmy John’s) to tech companies (Snapchat), banks (JPMorgan), electronics and entertainment enterprises (Sony Corporation) and even NASA, companies of all sizes across all industries should be thinking about how to better safeguard their data.

Here are some tips from a few security pros: Ken Leeser, Kaliber Data Security; Ken Levine, Digital Guardian; Ralph Rodrigues, Delfigo Security; Danielle Sheer, Carbonite and Foley Partner Aaron Tantleff who spoke on data security at the 2014 FOLEYTech Summit.

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Potential Advantages of Forming as an LLC

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One of the initial decisions for entrepreneurs is whether to form their new entity as a limited liability company (LLC) or a Corporation. Entrepreneurs are often told by advisors that angel investors and VCs will only invest in Delaware C-corps. So if you want to raise money, the choice is simple – choose Delaware C-corp. And if you choose this well-traveled path, you won’t be alone – most venture backed companies are Delaware corps. But that should not preclude consideration of an LLC as the entity of choice for many reasons.

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5 Intellectual Property Considerations for Startups - Part II

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In Part I of this article, we introduced two of five threshold Intellectual Property (IP) questions that every startup should consider:

  • Do you own all of your IP?
  • How can you safely discuss your IP with others?

In this article, we introduce the remaining three considerations:

  • How do you identify and protect your competitive differentiators?
  • Do you have an idea or solution that is eligible for patent protection?
  • What is your IP strategy?

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5 Intellectual Property Considerations for Startups - Part I

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A successful startup provides a solution to a market need. Typically, the solution involves a new or improved device or technique. As a startup defines and develops its solution, intellectual property (IP) becomes a core asset of the company. Indeed, after management members themselves, IP is often a startup’s most valuable asset.

This is the first article of a Startup Intellectual Property Series to help startups understand how to identify and protect their IP. The first two entries in this Series introduce the following five threshold questions that every startup should consider:

  • Do you own all of your IP?
  • How can you safely discuss your IP with others?
  • How do you identify and protect your competitive differentiators?
  • Do you have an idea or solution that is eligible for patent protection?
  • What is your IP strategy?

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Does Telemedicine Matter? Yes!

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Technology pervades every sector of our economy, and certainly has impacted the health care industry. One example is telemedicine. Telemedicine has the potential to exponentially expand a provider’s geographic footprint, efficiently leverage a doctor’s time and dramatically reduce barriers to patient interaction. Our recent survey of senior-level health care executives indicates that telemedicine technology is becoming key to improving the access and quality of care for communities. It has also drawn a lot of attention in the venture capital market.

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