As companies increase their tracking and protection of valuable corporate trade secrets, insurance products will become more desired for these valuable corporate assets
Companies must track their trade secret metadata. Yes, trade secrets are not registered, which makes it all the more important to track the metadata. Yes, trade secrets are secrets, and not keeping track of a secret is a great way to lose it.
The OECD’s BEPS guidelines define trade secrets using the language of accountancy. IP attorneys should note the subtle shift from legal intangibles to intangible assets.
Corporations are much more open now than they were in the past. This new era of openness calls for increasing rigor in the management of vital trade secret assets.
Your trade secret asset management tool can also help your corporate cybersecurity by identifying files requiring extra security.
Trade secret asset management requires skill and professional expertise, the kind of expertise that is used to protect other intellectual property assets.