The theft of trade secrets has been front and centre in recent high-profile legal disputes involving former employees of key players in the connected autonomous vehicle (CAV) space. They serve as a good reminder of the importance of and challenges in protecting commercially valuable information. This blog post covers some of the measures businesses can adopt to proactively protect their trade secrets, and how they can prepare for when disaster strikes.
Trade secret theft also involves a risk for companies licensing-in new technology or hiring tech talent. Apart from generally being alert to the possibility, there are a couple of steps companies can consider to minimise their risk of being dragged into a lawsuit (or at least help them set up a good defence) for misappropriating or misusing third party trade secrets as a result of misconduct by their employees or commercial partners. Continue reading