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Incident response planning, including tabletop exercises, is vital to the data breach preparedness of any organization. Data breaches can have a crippling effect on a business. Although data breaches at large companies dominate the headlines, data breaches occur at small and medium-sized businesses as well.
When acquaintances or family members decide to go into business together, to save money, they generally forgo formalities that are not legally required. They assume matters can easily be resolved amongst family or friends. However, it is often the case that once a business starts turning a profit or failing, people start looking out for their own interests.
Continue ReadingIn commercial lending, obtaining a personal guaranty or corporate guaranty falls under the routine everyday standard best practices of any lender.
