At a recent forum in New York, a team of Covington lawyers addressed the growing concern among companies that their most valuable assets could leave the building on a thumb drive in an employee’s pocket or be disclosed through an employee’s use of a social media site. Addressing this threat involves many disciplines
trade secrets
Foreign and Economic Espionage Penalty Enhancement Act of 2012 Signed Into Law
By Inside Privacy on
In an effort to stem the tide of intellectual property theft from U.S. companies, on January 14, 2013, President Obama signed H.R. 6029, the Foreign and Economic Espionage Penalty Enhancement Act of 2012.
The Act increases the penalties for trade secret theft under the Economic Espionage Act of 1996 for crimes that the…