How can you protect trade secrets?

As a California business owner, you likely have a trade secret or two to protect. We at Peterson Watts Law Group, LLP, are here to give you some ways that you can keep these secrets safe from would-be thieves.

First, there are physical safety measures you can take. This includes locking up secrets in a safe and limiting access to it. For example, some businesses have a system in which anyone accessing secret documents must hold a certain pass, and only one or two of these passes are given out at a time. This allows you to easily track down who is responsible if there is an information leak.

Next, there’s digital safety measures. These days, having a cyber security expert on board can make all of the difference between a safe and secure network, and one that is easily broken into by competition looking for information to use. If you store anything valuable online, ensure that it is protected well by professionals who know what they’re doing.

There’s also the matter of your employees. Some will likely have access to trade secrets. It is therefore important to ensure they understand the severity of penalties they may face if they divulge these secrets to outside parties.

If you have any other concerns about how to protect your intellectual property, consider taking a look at our web page on IP and trade secret protection, linked here. You can contact us directly to learn more about protection methods and how to pursue damages if your IP is stolen.