Twenty percent of companies have had tradesecrets stolen, according to a report recently released byBaker McKenzie.
The report,“The Rising Importance of Safeguarding Trade Secrets,” also showedthat many companies may not be prepared to respond to this problem.Just under a third of companies surveyed have procedures in placeto respond to the threat of or actual theft of trade secrets.
“In our digital age, it is more challenging than ever to keep asecret,” Paul Rawlinson, global chair at Baker McKenzie, wrote inthe report. “Nearly everything it seems ends up on socialmedia.”
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