From organized crime and “hacktivists” to competitors and rouge employees, the threats to companies’ trade secrets are more pronounced today than ever before. A recent report by the Center for Responsible Enterprise And Trade (Create.org) and PricewaterhouseCoopers LLP (PwC) — Economic Impact of Trade Secret Theft: A framework for companies to safeguard trade secrets and mitigate potential threats — details the significant threats that companies face and identifies the source and substantial economic impact of trade secrets theft. Indeed, as noted in the report, trade secrets theft is estimated to result in an economic impact of between 1 to 3% of the Gross Domestic Product of the United States and other advanced industrial economies. Such percentages translate to hundreds of billions of dollars per year lost through trade secrets theft.
On October 7, 2014 at 1:00 p.m. EDT, Seyfarth Shaw attorneys Robert Milligan and Dan Hart will team with Pamela Passman, CEO of Create.org, and George Prokop, Managing Director at PwC, in a webinar focused on trade secrets theft and practical measures that companies can take to reduce that threat. Topics will include:
Current legislative initiatives, cases and trends, including proposed legislation pending in the U.S. Congress and the European Commission’s proposed Directive on Trade Secrets Protection in the EU;
- Current legislative initiatives, cases and trends, including proposed legislation pending in the U.S. Congress and the European Commission’s proposed Directive on Trade Secrets Protection in the EU;
- Analysis of the major sources of trade secrets theft;
- 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;
- Review of a five-step framework that helps companies assess trade secrets; and
- Future scenarios that companies should consider, including threats in the coming 10-15 years.
Please register by clicking here.