Search
 
Best Practices

Mitigating Losses from Intellectual Property Theft

IP threats are on the rise. Here’s how to protect your company’s “golden goose.”

By Randy Sadler | February 04, 2021 at 04:25 PM
Illustration: Thief making off with an idea

When companies consider theft risk, they’re usually analyzing threats to their physical assets or the chance a rogue employee will engage in embezzlement. But sometimes the biggest, most detrimental loss a company could face is intangible. Intellectual property, or IP, refers to creations of the mind. Many IP assets are protected under law as copyrights, trademarks, or patents. Other forms of IP can include trade secrets, manufacturing processes, and other know-how that is difficult for competitors to replicate.

For treasury departments in companies that rely heavily on IP to generate value, protecting intellectual property may be as important as protecting cash flows and leading corporate investment strategy. After all, for many businesses, IP is the goose that lays golden eggs. Wise treasury professionals keep an eye on all the company’s golden eggs and take active measures to shore up the source of each egg.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

 

Recommended Stories

Inventory, Reimagined

Inventory, Reimagined

Amit Goel |

How companies should be determining their ideal inventory level in the current economic climate.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2023 ALM Global, LLC. All Rights Reserved.