Side cussions opic
Week 6 Discussion: Intellectual Property Theft
This week, your internship assignment takes you to the Corporate Security office, headed by the Chief Security Officer (CSO). This office has recently completed an investigation into how a competitor may have obtained copies of the confidential architectural drawings and design plans for a new type of resort that the company had planned for a recently acquired island property. At least one competitor is known to have received copies of the company’s intellectual property through an economic development office within its country’s government. It is suspected that an Advanced Persistent Threat mechanism may have been used to exfiltrate information from Padgett-Beale’s existing hotel property within that geo-political jurisdiction. Another competitor, also operating in that geographic area, contacted Padgett-Beale’s Corporate Security Office and disclosed that it had been sent URLs for web pages containing links to the resort plans by an unknown party. The other firm wanted to make it clear to Padgett-Beale that they did not condone nor participate in such illegal and unethical taking or receiving of another company’s intellectual property.
As part of the company’s response to this theft, the CSO’s office has been asked to prepare a background briefing for company’s executives that addresses the problem of protecting intellectual property stored in digital form. The briefing must include recommendations for best practices that the company’s executives should be adopting to prevent / respond to such thefts.
Begin by reading the readings for this week. Then find additional information through your own research.
Write a summary of your research and analysis for review by the CSO’s senior staff. Your summary should begin by explaining the problem of intellectual property theft. Next, address the reasonable and customary processes and procedures which should be used to discourage or make it difficult for employees, managers, and executives to inadvertently misuse and/or steal the company’s intellectual property (at a minimum, you must address data classification and marking, separation of duties, and least privilege). You should also identify and explain three or more best practices which the company should implement as it responds to this growing problem. Your summary should be approximately 300 words. You may exceed this target but conciseness is valued.
Remember to list and cite your sources at the end of your research summary using a professional and consistent citation format (APA recommended)
https://www.upcounsel.com/intellectual-theft
https://www.uspto.gov/ip-policy/ipr-toolkits?MURL=IPtoolkit
USEFUL NOTES FOR:
Intellectual Property Theft
Introduction
Intellectual property theft is a serious crime. It can involve counterfeiting, piracy and trademark violations. Counterfeit goods threaten our health and safety, as well as undermine innovation. Fake medicines expose patients to unnecessary health risks by making them believe they are getting effective treatment when they are not. Counterfeit parts pose a risk to aircraft, bridges and other infrastructure, military equipment, industrial machinery and automobiles.
Intellectual property (IP) theft is a serious crime.
Intellectual property (IP) theft is a serious crime. IP theft can be prosecuted, and it’s punishable by law. If you are accused of stealing someone’s intellectual property, it is important to speak with an attorney who understands the nuances of this area of law so that they can help you navigate through your case and protect your rights as an accused individual in this matter.
There are many ways that people may commit IP theft: stealing trade secrets from another company; selling counterfeit goods; copying music files onto hard drives; downloading software packages from the Internet without paying for them; downloading movies online illegally—and these are just some examples!
In addition to being illegal under federal law (which makes up about 80% of all states’ laws), IP theft can also lead to civil lawsuits against individuals who have used someone else’s ideas or inventions without permission from their owners.*
IP theft harms the economy, threatens jobs, and hurts consumers.
Intellectual property theft is a serious crime that harms the economy, threatens jobs and hurts consumers. It costs billions of dollars each year to protect intellectual property from theft, which can be done by using digital technology to prevent illegal copying of copyrighted material.
IP theft can involve counterfeit goods, such as fake designer handbags and jewelry and unauthorized copies of copyrighted music and movies.
You may have heard about intellectual property theft, which is the illegal copying of another person’s work. Intellectual property can include:
Copying a song or movie to make your own music video
Using someone else’s design ideas to create a new product
IP theft can involve counterfeit goods, such as fake designer handbags and jewelry and unauthorized copies of copyrighted music and movies. Counterfeit goods are dangerous because they often contain harmful materials like lead or other chemicals that could cause sickness or even death if consumed in large quantities. They also hurt our economy by taking jobs away from legitimate businesses that provide quality products at fair prices (you might have seen some signs around town saying you should only buy from these stores).
Chinese IP thieves are targeting U.S. businesses of all sizes in every sector of the economy across the United States.
You may not have heard of IP theft, but it’s a serious problem for businesses across the U.S. Theft from China costs U.S. businesses billions of dollars each year and has become one of the biggest economic challenges facing our country today.
China is a top source of IP theft, and the problem is growing: In 2018 alone, data from the Department of Justice found that China accounted for at least 73% of all reported cases related to stolen trade secrets or business information—and this number is likely much higher than what was reported because most companies don’t know how bad it really is until they’ve been impacted by these crimes themselves or seen an increase in their competitors’ security measures after being targeted by Chinese hackers or cybercriminals
Counterfeit products threaten our health and safety, as well as undermine innovation.
Counterfeit products are dangerous to the consumer and undermine innovation.
The American public has been warned about the dangers of counterfeit medicines, which can be harmful or even lethal. In fact, it’s estimated that as many as one-third of all prescription drugs sold in the U.S., including popular brands like Nexium and Lipitor, contain substandard ingredients or fillers that could make people sicker than they would otherwise be; this is especially true for less expensive generics or generic equivalents—even if those products are manufactured by reputable companies with good reputations! So make sure you know what your medication contains before taking it if you’re concerned about its safety (or just want a little peace of mind).
The economy has also been impacted by intellectual property theft: counterfeit goods cost businesses money every time they’re produced or sold; lost wages due to illness caused by ingesting counterfeit food products; loss prevention costs incurred when thieves take advantage of weaknesses in security measures at retail locations such as grocery stores etc.; additional legal fees incurred when those responsible for protecting our country from terrorism attempt but fail because they were unable/unwilling/unable
Fake medicines expose patients to unnecessary health risks by making them believe they are getting effective treatment when they are not.
Health care providers should be aware that fake medicines are not regulated by the FDA and may contain ingredients that are harmful.
Some counterfeit drugs may also be dangerous because they do not contain the active ingredient needed to treat a patient’s condition. This can lead to an increased risk of side effects and other complications, including death.
Counterfeit parts pose a risk to aircraft, bridges and other infrastructure, military equipment, industrial machinery and automobiles.
Counterfeit parts pose a risk to aircraft, bridges and other infrastructure, military equipment, industrial machinery and automobiles. The purchase of counterfeit parts is illegal in most countries.
Counterfeit parts are made without the same quality standards and safety features as genuine parts. They may be unsafe or not fit properly into your vehicle; they may malfunction during use; they may cause injuries if used in the wrong way; they may affect the performance of your engine or make it more susceptible to damage; they could have harmful chemicals or materials that could damage your car’s electronics when you use them for an extended period of time (like five years).
Intellectual property theft hurts individuals, companies, and the economy at large
Intellectual property theft is a serious crime that harms individuals, companies and the economy at large. It can involve counterfeit goods like fake designer handbags or jewelry and unauthorized copies of copyrighted music and movies. In addition to harming individual consumers by costing them money, IP theft can also threaten jobs in the manufacturing industry by making it harder for legitimate businesses to compete with counterfeiters who have no concern about breaking laws or destroying a brand’s reputation.
Conclusion
Intellectual property theft is a serious crime. It harms the economy, threatens jobs, and hurts consumers. Companies that lose their intellectual property often have no choice but to lay off workers or shut down altogether. The theft of these products also creates a dangerous black market for pirated goods that could put lives at risk on our roads or in our homes if they are not detected soon enough by authorities. While some countries have signed agreements with each other on the issue, many others do not have any laws in place to combat this type of activity – meaning anyone caught stealing another person’s idea could face steep fines or even jail time if caught breaking into someone else’s computer system which would be considered an act of terrorism under US law since it concerns cyber warfare.”