Is stolen IP walking in the door with new employees?

By Thor Olavsrud, CIO |  IT Management, intellectual property

"We consistently see departing employees who don't understand their obligation to keep trade secrets secret, but are just as often faced with companies whose own procedures are sorely lacking when it comes to protecting valuable IP," Burt says. "But everybody loses when a mobile employee steals trade secrets--the company who invested in the IP, the employee who took it and the organization that receives it, even unknowingly, who most often is on the hook for defending the litigation that follows."

"Before employees exit," Burt adds, "dust off agreements they likely haven't looked at in years, figure out all of the places the employee has stored sensitive company information and get it back, and ensure that employees understand their continuing obligations not to use or disclose company trade secrets."


Originally published on CIO |  Click here to read the original story.
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