Category Archives: Technology Issues

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Taking Control of Cybersecurity: What Emerging Companies Need to Know

Security breaches have become all too common, and cyberattacks are not limited to the assaults on big companies that are reported in the news. With the global economic cost of cybercrime totaling more than $400 billion per year, cybersecurity has become a priority for executives and board members. Companies of all sizes across all industries should be … Continue reading this entry

IoT – It’s All About the Data, Right?

A few weeks ago, the FTC released a report on the Internet of Things (IoT). IoT refers to “things” such as devices or sensors – other than computers, smartphones, or tablets – that connect, communicate or transmit information with or between each other through the Internet. This year, there are estimated to be over 25 … Continue reading this entry

Regulatory Challenges Facing the mHealth Industry

Innovations in health care technology have created unique challenges for developers and investment companies. Among others, changing FDA guidelines, data security, and reimbursement are all substantial issues facing the rapidly evolving mobile health (mHealth) industry. At the 2014 FOLEYTech Summit, Foley special counsel Monica Chmielewski assembled a panel of industry leaders – Mary Modahl, Chief … Continue reading this entry

Tips for Protecting Your Data

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 … Continue reading this entry

A Q&A With Digital Media Investors Part II: Advice for Digital Media Companies

As noted in Part I: Digital Media Funding Trends, Foley Partner Beth Felder gathered a group of digital media investor experts – Don Dodge, Developer Advocate for Google, James Geshwiler, Managing Director of CommonAngels and Eric Hjerpe, Partner at Kepha Partners – at our 2014 FOLEYTech Summit for a discussion on digital media investing. We’ve … Continue reading this entry

A Q&A With Digital Media Investors Part I: Digital Media Funding Trends

Foley Partner Beth Felder gathered a group of digital media investor experts – Don Dodge, Developer Advocate for Google, James Geshwiler, Managing Director of CommonAngels and Eric Hjerpe, Partner at Kepha Partners – at our 2014 FOLEYTech Summit for a discussion on digital media investing. We’ve compiled their top insights below. What do we mean … Continue reading this entry

Big Companies Should Think and Act Like Startups to Keep Data Safe

With data security breaches now a shockingly common part of modern life, businesses of all sizes are scrambling to bolster their defenses. In this guest commentary in the Boston Business Journal, we explain how businesses can fight against data breaches by taking tips from startups, and even the hackers themselves. Here’s how: Think opportunity, not crisis. … Continue reading this entry

FOLEYTech Summit Celebrates its 10th Anniversary

Our FOLEYTech Summit will celebrate its 10th anniversary on October 14, 2014 when technology leaders convene in Boston for “Technology in Motion: Content, Delivery, and Security in a Connected World.” This year’s event will focus on the issues and challenges facing technology companies today within the mHealth, digital media, and security sectors. Our three industry … Continue reading this entry

You Think You Own Your IP? Think Again!

If we asked you whether you own your intellectual property, your answer most likely would be a swift and unqualified “yes.” Not so fast… Did you invent your idea while at school or working for your prior employer? Has everyone ever involved with your idea signed an assignment of inventions agreement? It is not uncommon … Continue reading this entry

Briefing: 2014 Nantucket Conference

Foley & Lardner LLP was pleased to participate in the sponsorship of the 2014 Nantucket Conference. Now in its 15th year, the conference was held June 5th – June 7th in Nantucket, Massachusetts. The 2014 Nantucket Conference audience consisted of approximately 150 top entrepreneurs, investors, and tech executives. This small group of creative forward-thinkers engaged in … Continue reading this entry

The Fact and Fiction of Non-Disclosure Agreements

Entrepreneurs looking for angel or venture funding, or a strategic partnership, rely on Non-Disclosure Agreements, or NDAs, to protect their trade secrets, shield employees from poaching by the other parties, and keep financial information confidential. By now, just about every entrepreneur knows that an NDA is critical. Most also understand that a party receiving confidential … Continue reading this entry

Key Questions to Ask When Preparing a Data Breach Response Plan (Part II)

Following up on last week’s post, we return to the wide range of questions about a company’s operations that can guide a team building a data breach response plan to cover many of the risks encountered in the wake of a breach. Who are the key stakeholders? Many parts of an organization may be impacted – … Continue reading this entry

Key Questions to Ask When Preparing a Data Breach Response Plan (Part I)

As many companies have learned first-hand, data breaches and security incidents can arise at any time, and when they do, they can quickly consume an organization. Although companies often don’t get advance warning before a data breach occurs, you can better equip your organization to respond to the myriad of issues arising in the wake … Continue reading this entry

Protecting Your Value: The Importance of the Employee NDA

Where is your company’s value? If you are a young start-up company, it’s probably in ideas. Any new invention, new way of attracting business, new way of streamlining a process, or anything else “new” starts with an idea. If value is located in an idea, how do you ensure that it is protected?  With a Nondisclosure, … Continue reading this entry

Changing Healthcare Landscape: What to Anticipate

The ninth annual FOLEYTech Summit included panel discussions to address the issues and challenges facing technology companies today in Health Care, Big Data, and Next-Generation Manufacturing. The conference featured perspectives from the investor and company sides of the equation. At the Demand Side of Health Care IT session, Foley & Lardner Partner Alan Einhorn moderated … Continue reading this entry

FOLEYTech Summit Recap: Welcoming the Next Generation of Manufacturing

On November 5, 2013, Foley & Lardner LLP hosted over 240 attendees in Boston at its 9th annual FOLEYTech Summit, titled Envision the Future: Today’s Approach to Tomorrow’s Solutions. The Summit focused on how entrepreneurs, investors, their legal counsel, and other advisors can successfully grow technology companies.  The conference was focused on specific industry tracks, … Continue reading this entry