History of Trade Secrets For many businesses, protecting trade secrets is important. Trade secret laws protect secret business information against unauthorized use or disclosure by one who obtains it through improper means. The protection of confidential business information has historically been protected. Protecting trade secret information dates as far back as Roman times, when Roman Read more about Protecting Trade Secrets is Good Business[…]
When protecting computer code, your failure to properly protect the trade secret can result in a loss of IP rights. If you wish to protect a trade secret, the copyright office allows you to keep portions of the computer code a secre.
Trade Secret Protection allows a business to prevent unlawful disclosure or use of its proprietary information including its financial, business, scientific, technical, economic or engineering information methods and processes. Generally, to qualify the information must not be generally known and must be of value to the business.
The Economic Espionage Act of 1996 (EEA) provided a broader definition of what constitutes a “trade secret” and what constitutes trade secret theft, effectively replacing the 1948 Trade Secrets Act, which was limited to prosecution of federal employees. The EEA also was passed so as to serve as a universal trade secret theft act, overriding Read more about Protecting Trade Secrets[…]