Easiest way to lose your intellectual property? When your departing employee walks your intellectual property right out the door. It happens far too often and the insider threat you thought of as a hypothetical? Well, it is now a reality. This is what apparently happened to Zynga. Zynga (yes the game company is still alive and kicking) alleges in their …
IP Theft: Crowdfunding sites harvested by Chinese counterfeiters
It should surprise no one to learn that the Chinese factories which are engaged the production of counterfeit goods produce goods which are identical or indistinguishable from the originals. The factories are engaged in intellectual property theft (IP theft) and are building their products by reverse engineering a product then creating the counterfeit version, or creating the counterfeit product by stealing …
Secrets Stolen, Fortunes Lost
Secrets Stolen, Fortunes Lost, Preventing Intellectual Property Theft and Economic Espionage in the 21st Century (Syngress 2008 – by Christopher Burgess and Richard Power) The threats of economic espionage and intellectual property (IP) theft are global, stealthy, insidious, and increasingly common. According to the U.S. Commerce Department, IP theft is estimated to top $250 billion annually and also costs the …