A law firm recommends that the “risk factor” section of a Private Placement Memorandum should address continuously evolving and developing legislation (including the difficulty in meeting new obligations), potential liability and reputational damage that would occur upon an unauthorized breach of PII, potential consequences that would result from disruptions or failures of technology and systems, and remote working risks (e.g., additional opportunities to exploit vulnerabilities in technology systems or employee susceptibility to phishing).#value-privacy #cyber #dataprivacy
Significant Risk Factors to Disclose to Investors
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