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Posts tagged Trade Secrets.

Just hours after the Eagles clinched their upset Super Bowl win over the Patriots, a different battle royale began in a San Francisco courtroom between an established juggernaut and its upstart rival. For techies and trade secret geeks, the Waymo v. Uber trial was shaping up to be the Super Bowl of trade secret litigation. The lead-up to the trial had more surprises than a Justin Timberlake halftime show (though fewer wardrobe malfunctions).

Waking up to news of another major data breach seems to have become a daily routine. On the front pages and cable news, we hear about hackers, rogue governments, and shadowy figures involved with these data breaches. But too often we overlook the fact that most data breaches are not the stuff of Tom Clancy novels. Instead, businesses in the gig economy regularly confront serious but smaller-scale “inside jobs” – data theft by employees seeking to use information like customer lists or financial data for personal gain, often by bringing that information to a new job with a competitor. 

Intellectual property threats (IPT) to companies participating in the gig economy may be greater than those experienced by traditional business. While this may seem self-evident to some, reflection on the matter confirms to the rest of us that the gig sector is the more likely to only utilize internet platforms to deliver services or goods with innovative technology and digital strategies. This fact, when combined with the fast-paced advancement of cloud technology and the Internet of Things, requires gig companies to remain aggressive in operational matters and on the cutting edge of progress. 

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