Online Security, a global provider of computer forensics and information technology risk mitigation since 1997

 

Open Season
Case of Good Intentions with Bad Results

  The developer of a new chemical process entered into a joint venture with a large engineering firm. After a period of joint operations, the developer realized that the engineering firm had expanded its credentials and "stolen" the technology from the developer.

The developer had failed to identify the unique and proprietary aspects of its process and had inadequately addressed safeguarding its proprietary information. There was no policy for identifying the assets requiring protection nor procedures for employees to determine which information was to be treated as proprietary material. The lack of policies and procedures resulted in the developer losing both profits and the ability to take legal action against its partner. Our professionals supplied a baseline policy and implementation plan to protect the value of future unique developments.

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Engineering Firm  |   Law Firm