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Intellectual Property Law

: The Trade Secrets Vault

Lessons learned: Societe Generale and alleged theft of trade secrets

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By: Marcia Savage, Site Editor SearchFinancialSecurity.com It's a nightmare scenario for any enterprise: An employee, a trusted insider, steals the company's most sensitive data, its trade secrets. For Societe Generale, the nightmare may have become a reality after the bank discovered that proprietary code used in its high-frequency trading system was apparently stolen. A former trader who worked in the bank's New York office allegedly pilfered the code last year before quitting. To read the complete article please click here.

Full post as published by The Trade Secrets Vault on May 09, 2010 (boomark / email).

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