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Intellectual Property Law

: The Trade Secrets Vault

How to Keep Corporate Secrets a Secret

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By H. Abelson, K. Ledeen, H. Lewis One of the problems with corporate data breaches is the catastrophic risk to corporations when trade secrets, customer lists, pricing data and other critical information are exposed. Hal Abelson, Ken Ledeen and Harry Lewis, authors of "Blown to Bits: Your Life, Liberty, and Happiness after the Digital Explosion," explain how companies can use the right mix of process, people and advanced technologies to keep their data secure--and their CIOs out of the headlines. There is nothing like a data breach to bring a CIO unwanted publicity. We read all the time about these costly spills of precious corporate data, from the British government exposing the records of 25 million citizens, to the TJX Companies' loss of 45.6 million credit card and debit card records. The PRC (Privacy Rights Clearinghouse) documented roughly 234 million data records were involved in security breaches since 2005. The cases involve everything--from the University of Iowa putting a few hundred students' data on the Internet--to the supermarket chain Hannaford Bros.' breach, in which 4.2 million credit card numbers were compromised and more than 1,800 cases of identity theft resulted. Tapes lost, laptops stolen, Wi-Fi and network snooping, malware and virus intrusions, and plain old theft are just a few of the threats that keep CIOs up at night.

Full post as published by The Trade Secrets Vault on July 30, 2008 (boomark / email).

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