Most of us are familiar with the steps involved in setting up a new online account, whether for email, shopping, or other purposes. It usually requires the selection of a unique username as well as a password. In some instances, the password must meet certain criteria, such as a specified character length as well as the inclusion of uppercase and lowercase letters, numbers, and a special symbol. In general, people are advised not to select passwords based on their names, pets’ names, or other personal information that would be fairly easy for others to figure out. For professional accounts, in particular, it is heavily frowned upon to select a password with personal meaning. However, despite a company’s request that its employees create passwords that will not be compromised easily, personally relevant words are almost always the type of passwords that people choose.Read More
Non-disclosure agreements (NDAs), sometimes referred to as confidentiality agreements, are crucial instruments for companies with valuable intellectual property (IP) or other types of sensitive data. Sometimes the core principles of these agreements are integrated into an employment contract or appended to a non-compete. Irrespective of whether the terms are incorporated into a larger agreement or outlined in an independent instrument, there are some specific matters that must be addressed. Obviously, any agreement should identify the parties who are bound by the terms contained within the particular document, and NDAs, in particular, must make this abundantly clear. Here are the other key provisions that must be included:Read More
For countless companies, intellectual property (IP) is one of their greatest assets. As with any valuable company asset, it is imperative to take measures to vigorously protect a company's IP. Fortunately, this is something that can be accomplished in various ways, and technology, in particular, should play a vital role. Utilizing a virtual data room (VDR) is one simple, affordable way to safeguard IP. And, with the right data room solution, built-in security features can provide an additional layer of security. An excellent example of this sort of security feature involves the use of watermarking. Adding a watermark to company documents helps protect it in the following ways:Read More
By now, everyone has likely seen some of the disturbing pictures of the heavy smog that is smothering the Chinese capital, Beijing. This environmental pollution is the unfortunate byproduct of many years of extensive manufacturing and production, all for the sake of economic growth and domination. Unfortunately, the millions of residents in this sprawling metropolis are now paying the price for this relentless oversight, with the potential health implications not yet fully understood.Read More
Last year, venture capital funding for the biotechnology sector reached record levels, which obviously caused the broader medical category to reach a new high as well. Even though many markets began to experience declines toward the end of last year and are continuing to witness these declines this year, it does not look like the same is true for biotechnology. Granted, there was a flurry of IPO activity in the early months of 2015 that likely will not repeat itself this year, but corporate venture capital and corporate equity investors appear poised to continue to bolster the surging biotech sphere. The following aspects of biotech seem particularly attractive to investors right now:Read More
To be successful in the biotech industry you need a minimum of three things; an innovative technology, significant capital, and patience - a lot of it. If it was only that simple, right? As you know businesses in the biotech industry are regularly met with extreme regulation, and other enormous roadblocks along the way, which means that the cost of doing business is high. This results in most companies participating in continuous fundraising, innovation, and often a series of strategic partnerships. Not to mention extreme sensitivity around the company's intellectual property, and other critical corporate information.
So, when you are met with such significant obstacles while on the road to achieve great technological breakthroughs you absolutely need a tool that can help streamline and protect all of your efforts. That is where a secure virtual data room can lend a helping hand. Here is how:Read More
Attorneys have bad reputations for all sorts of reasons, especially in the business world. But, companies large and small usually end up needing legal counsel at some point throughout their companies’ lifecycle. Here are some of the more prevalent myths about law firms that startups in particular should ignore:Read More
If you are just beginning to get your startup off the ground, there will be a lot of decisions for the founding team to make. Many of these decisions have to be made quickly, some with very little information, and plenty of them will end up impacting the business over the long haul. It really doesn't matter how far you are into the process, setting up a virtual data room at the outset is a great idea and will definitely come in handy down the road. Here are some things to consider when choosing a virtual data room provider for your startup:Read More
Data storage and document management probably aren’t at the top of a executive team's list of priorities. Nonetheless, for a growing company in a fast-paced industry, they will eventually become quite important. Of course, it is never a good idea to wait until something becomes an emergency to address it. Instead, leaders should plan ahead and invest in a data solution that meets their immediate needs and will be able to evolve to meet future needs as well. Plus, there are a lot of benefits to using a cloud solution to save important data beyond mere storage capacity. Here are seven signs that you should invest in a virtual data room:Read More
In the first part of this series, we gave you a broad overview of exactly what a Virtual Data Room (VDR) actually is, as well as its many features and uses for a variety of today’s businesses. In this second part of our series, we are going to examine further why many businesses are making the decision to store their sensitive company information within a VDR (also known as a corporate repository) over some other, less expensive options available today.