6 April 2021Hannah Netherton

Protecting trade secrets: common pitfalls and how to avoid them

Protection of trade secrets has never been more important. Commercial advantage and business opportunities can stand or fall on being the first mover or established player in a competitive market, but gone are the days when secret formulae were locked in office safes.

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More on this story

3 July 2017   One in five companies know or believe that their trade secrets have been stolen, with former employees the main culprit, according to a survey by international law firm Baker McKenzie.
6 March 2020   An artificial intelligence startup has accused Facebook of hiring an employee, having him share the startup’s “secret sauce” trade secrets and then offering this technology as open-source code.