The Raines Feldman cyber liability team then pivots to hacking scenarios that often affect businesses with respect to former employees stealing trade secrets.
Every business will experience hacking incidents. There is no way to achieve 100% prevention. However, when such incidents occur, companies have a multitude of legal claims that can be brought under statutes ranging from the Uniform Trade Secrets Act to federal claims under the Stored Communications Act in addition to the Computer Fraud and Abuse Act. Often common law claims related to interference with contractual relations are warranted. Damages include actual, statutory and punitives. Injunctive relief is typically available in the form of a temporary restraining order and preliminary injunction.