How to Protect an Employer's Intellectual Property

Author: Theresa Rogers

The loss of intellectual property costs companies billions of dollars each year and, for a small company, the loss of this data could be devastating. When intellectual property is stolen, catching the thief is difficult and prosecuting him or her is expensive, time-consuming and often pointless because the information is already in the hands of a competitor. This is the case whether the release of the data was accidentally or purposely committed. For this reason, taking steps to protect intellectual property may be more critical than protecting the company's physical assets.