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Intellectual property protection: The basics

Alyson Behr, Derek Slater | Sept. 7, 2017
Your company's intellectual property, whether that's patents, trade secrets or just employee know-how, may be more valuable than its physical assets. This primer covers everything from establishing basic policies and procedures for intellectual property protection.

 

Infiltrate corporate networks undetected and live there for lengthy periods of time

R.P. Eddy, CEO of Ergo a global intelligence firm, says, “I’ve worked on several M&A teams and strongly recommend to my clients that they run an audit on all their IP protections, cyber and otherwise, to see how well-protected [their IP] actually is and if they really own it. If it’s leaked out to China, Russia or a competitor, it will significantly factor into the financials in an acquisition, and not in a good way.” He had zero clients taking him up on the offer until the Verizon/Yahoo acquisition where upwards of 500 million user accounts were compromised by a state-sponsored actor. The deal price had to be restructured due to the credibility hit Yahoo took.

 

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