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ARTICLE · 04 MARCH 2024

The Cat-and-mouse Game Of Trade Secrets

Trade secret misappropriation is a serious risk to companies across all sectors. Corporate value is often bound up with assets such as databases and software code...

LuxembourgIntellectual Property

Trade secret misappropriation is a serious risk to companies across all sectors. Corporate value is often bound up with assets such as databases and software code, but the growing mobility of employees and the rise in remote working make it much harder to keep control of sensitive Intellectual Property (IP).

Every company with trade secrets needs to have a strategy for managing them and dealing with leaks when they occur. Yet, given the fact trade secrets are not a registerable form of IP like trademarks and patents, owners need to know how best to protect these assets themselves and be aware of what recourse is available to them should they need it.

As quiet as a mouse: What is a trade secret?

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