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Three Strategies to Prevent Departing Employees from Absconding with Trade Secrets and Other Confidential Business Information

JD Supra Law

One of the biggest threats to modern corporations involves departing employees who take confidential business information (CBI) and/or trade secrets with them prior to or upon their departure. Indeed, the misappropriation of trade secrets and CBI can cost companies millions of dollars in legal fees, reputational harm, and lost revenue.

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Protecting Your Company’s Confidential Information: Takeaways from Meta’s Lawsuit Against Its Former Employee

JD Supra Law

the parent company of Facebook, Instagram, and other products, recently filed a lawsuit in a California state court against a former vice president for allegedly taking confidential information from Meta to his new employer, an artificial intelligence company. Meta Platforms Inc.,

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Mind Your Audience: Disclosure of Confidential Information to AI Programs Can Give Rise to Trade Secret Misappropriation Claims

LexBlog IP

While tools like Otter may provide quick answers or help synthesize a large volume of information, employers and employees alike should be mindful of the types of information fed to (and possibly stored in) AI programs. Plaintiffs West Technology Group LLC and CX360 Inc.

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What Employers Should Know About Protecting Confidential Information in England

JD Supra Law

Confidential information is one of a business’ most prized and valuable assets. However, it is rarely something that can be locked in a safe, because employees often require access to it for the purposes of carrying out their duties. By: Cooley LLP

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Ohio’s Supreme Court Ducks the Question of Whether “Mere Confidential Information” Is Protectable

LexBlog IP

A debate is growing within the trade secret community about the scope of information that should be protected–specifically, confidential information that does not rise to the level of a trade secret. On October 12, 2023, in Hanneman Family Funeral Home & Crematorium v. So what was the case about?

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Plaintiff Adequately Pleads Misappropriation of Confidential Information

JD Supra Law

Cohen denied defendant’s motion to dismiss a claim for misappropriation of confidential information. In a Decision and Order dated May 10, 2022, in Sure, Inc. 2022 NY Slip. 31523(U), Justice Joel M. By: Schlam Stone & Dolan LLP

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Artificial Intelligence in the Workplace: Spotlight on Confidentiality Concerns

JD Supra Law

But while this technology is becoming more sophisticated by the day, companies should still proceed with caution when using GAI in a workplace setting due to its potential impact on confidential and proprietary information. By: Miller Canfield