Protection programs should secure more than trade secrets; companies need to safeguard employee rights, too

Article Abstract:

Companies need policies protecting trade secrets and other kinds of intellectual property which balance the rights of the company, its employees and the competition. Such policies should provide for the marking of documents containing trade secrets so that they can be kept in locked files. Employees with access to trade secrets should sign confidentiality agreements. Employees should be educated about trade secrets' importance. The company should keep records for the identification of responsible parties and the protection of the company if information is taken. Periodic audits to ensure compliance with policies should take place.

Intellectual property

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Usinessbay eedsnay ecretsay odescay

Article Abstract:

US business has looked to encyption as a way of protecting trade secrets in the increasingly global economy, but the government has hurt US competitiveness by giving too much weight to the concerns of law enforcement that they could not access encrypted messages of suspected offenders. Compromises suggested by the government include key escrow and key recovery. Key escrow would leave companies which depend on information open to industrial spies. The government should foster competitiveness by allowing US business to use the strongest security devices possible.

United States, Analysis, Usage, Data encryption, International competition (Commerce), International competition (Economics)

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The stakes on secrecy are rising

Article Abstract:

Trade secrecy litigation is increasing, and with it the value of trade secrets. Most of the recent cases involve software or other high-technology industries. To prevail in court, a company must prove not only secrecy, but also demonstrate that it took reasonable steps to maintain that secrecy. All companies possessing trade secrets should evaluate their intellectual property protection efforts.

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