The strategy announced on February 20, 2013, should serve as
both a wake-up call from the government and an offer of
assistance. Given the losses that can arise from
competitors' purposeful theft of trade secrets, entities should
review the announcement and decide whether they need to be more
active in protecting their trade secrets. The strategy also
offers opportunities for increased collaboration with the
government.
On February 20, 2013, the White House announced an
"Administration Strategy on Mitigating the Theft of U.S. Trade
Secrets." Companies should view the announcement of this
strategy as both a wake-up call from the government and an offer of
assistance. Given the losses that can arise from
competitors' purposeful theft of trade secrets, entities should
review this government announcement and decide whether they need to
be more active in protecting their trade
secrets.
