You have a thriving business, then all of a sudden you’re slammed with a lawsuit. What gives? Apparently hackers plundered your database and you weren’t doing enough to protect your customers’ personal information. The progression from pen and paper to the digital realm has helped companies grow leaps and bounds.  But now you have a whole new set of duties to  insulate your business from internet thieves and digital landmines.

My latest Legal Edge article in SmartCEO is called “Data Duties”.  If you're going to keep your customers' financial and other personal data, you must have safe-guards to protect it. This security ranges from only selling that information with permission to building a safe haven from data-pirates. If you don’t, the repercussions can be swift and severe--to the tune of millions of dollars lost in lawsuits and destroying your company’s good reputation.

This article is particularly important all of the new data protection laws being enacted, especially a major one coming into play June 1st. Now is the time to learn the regulations and come up with a game plan to protect your customers--and your company. I offer a brief primer and then a game plan to help you build the digital fortress you need. You can read the entire article by clicking here.