It is not uncommon for companies to find that a company’s crown jewels – trade secrets – are overlooked, taken for granted or not properly protected. In a matter of minutes, these key assets can be lost or compromised through what is often benign neglect. This reality is compounded by outsiders and insiders bent on stealing valuable company assets. Sources estimate that companies lose hundreds of billions of dollars as a result of trade secret theft. Recent jury verdicts and criminal convictions across the nation demonstrate the risk is real. Moreover, once the trade secret is exposed, it is lost forever along with the value the company derives from the confidential assets.
Please join Robert B. Milligan, partner and co-chair of Seyfarth Shaw’s Trade Secrets, Computer Fraud & Non-Competes practice group; Daniel Hart; associate in Seyfarth’s Atlanta office and member of the Trade Secrets, Computer Fraud & Non-Competes practice group; along with the Center for Responsible Enterprise and Trade, CREATe.org’s CEO Pamela Passman and George W. Prokop, Managing Director of PriceWaterhouseCoopers as they take a rigorous look at the issue or trade secret theft and discuss insights from a recent PwC - CREATe.org report: Economic Impact of Trade Secret Theft: A framework for companies to safeguard trade secrets and mitigate potential threats.
Topics will include:
- The current landscape: Overview of current legislative initiatives, cases and trends.
- Where are the greatest threats? Steps companies can take to conduct a threat analysis of the types of actors that have been responsible until now for misappropriating trade secrets and the actors that are likely to do so in the future.
- What should companies do now? Review of a five-step framework that helps companies assess trade secrets; rank the risks among key threat actors – from insiders to organized crime, hacktivists and foreign governments; put an economic value on trade secrets; and take steps to mitigate the risks of theft or infringement.
- What are future scenarios that companies should consider? A futures analysis—reflecting workshops with industry, government, and academic experts—that presents future scenarios looking at threats in the coming 10-15 years.
If you have any questions, please contact firstname.lastname@example.org .
*CLE: CLE Credit for this webinar has been awarded in the following states: CA, IL and NY. CLE Credit is pending for the following states: GA, NJ, TX and VA. Please note that in order to receive full credit for attending this webinar, the registrant must be present for the entire session.