Topic: Espionage

3 Key Elements of the U.S. Government’s Fight to Protect Corporate Trade Secrets

The theft of trade secrets is a significant problem for American corporations. And a costly one, writes Sophie Yu at law firm Orrick: “In 2009, U.S. firms lost at least $1.1 billion from the misappropriation of trade secrets to China alone. Russia is also an aggressive collector of sensitive U.S. economic information and technologies, especially… Read more »

Economic Espionage Update: Protecting Trade Secrets Just Got Easier

“Congress enacted the [Economic Espionage Act of 1996] to provide ‘a systematic approach to the problem of economic espionage.’ The EEA was designed to reflect the increasing importance of ‘intangible assets’ like trade secrets in the ‘high-technology, information age,’ as well as the growing threat posed by the theft of such proprietary information and the… Read more »

The Economic Espionage Act

Foreign corporate spying and the theft of trade secrets are alive and well, according to the federal government. And the Economic Espionage Act is an important tool in combatting such activities. From law firm Quinn Emanuel: “The [Economic Espionage Act] is a far-reaching law that criminalizes two distinct but related types of trade secret misappropriation:… Read more »