Privacy And Data Security Strategies For Start-Up Companies

Start-up companies know that, when potential investors kick the tires, they will look carefully at the company's business model and IP portfolio. These days, investors are also likely to look at whether the company is in compliance with privacy and data security laws. Cybersecurity has become increasingly important for business of all sizes. While identity thieves may focus on the target rich environments of large-scale enterprises, any company that stores personal data or sensitive business information is vulnerable. Moreover, even in the absence of a data breach or other adverse event, companies that fail to adequately protect sensitive data can find themselves subject to liability.