A U.S. Department of Commerce report estimated that more than 27 million American workers were employed in “IP-intensive industries” in 2010. Another nearly 13 million jobs were connected to the industries indirectly. The figures highlight the dependency U.S. businesses have on a 40 million member work force to keep trade secrets confidential.
Trade secrets’ vulnerability is alive and well, even when you have full confidence in a trusted staff. After all, times and work situations change.
What if a competitor lures away a top executive or a group of highly-skilled employees? What if some of your employees decide they’d like to start their own companies, competing with what you do? Technology makes it easy for secrets of your operation to follow them.