Information Flows to The Highest Bidder. How About Yours?
A US Federal Reserve official leaked trade secrets while being paid US$450,000 to ‘teach’ at a Chinese university. This is the allegation by US prosecutors.
John Rogers shared the information with Chinese intelligence officers who posed as graduate students from a Chinese university.
The secret information was from the Federal Reserve’s powerful interest rate-setting committee and included proprietary economic data sets and discussions on tariffs against China.
John Rogers is accused of stealing trade secrets and faces substantial fine and time in jail if found guilty.
The point is that information flows easily. It is flowing and will continue to flow out of your organisation, and it will flow out even faster the more valuable it is.
You might not deter all the bad actors, but you can avoid good people making errors of judgement.
By introducing trade secrets training, policy, systems and process, you can reduce the risks of trade secrets and sensitive information flowing out of your business to your enemies and competitors.
I am John Pryor one of “The World’s Leading IP Strategists” and a pioneer in Trade Secrets strategies.
Making IP accessible and valuable for your business.
WEBSITE: https://exaltip.com
CONNECT WITH ME: EMAIL: john@exaltip.com
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I am a strategy consultant focussed on intellectual property and dedicated to helping people and business to make the best use of all available IP to compete and win in the marketplace.
My aim is to increase people’s understanding of Intellectual Property, so that they can successfully and cost effectively use it in their business, to help achieve a higher valuation.
Book: The Innovation Handbook, 2nd Edition 2010. chapter: How to maximize the value of your intellectual property.
ABOUT MY YOUTUBE VIDEOS: In these videos I explain some of the most important aspects of intellectual property in ways that make it relevant and accessible to business people.
The Benefit of Hindsight UpfrontTM
Innovation Without IP Is Charity
IP Provides Defence From Unlicensed Offence Leads To Secure Revenue. The Best Defence Is A Good Offence.
Intellectual Property Is A Business Construct To Enable The Sharing Of Ideas And Other Creations Of The Mind
A Strong And Integrated IP Strategy Puts You On The Front Foot In All Commercial And Financial Interactions
IP Supports Competitive Advantage, Drives Growth, Maintains Cash Flows, Secures Investment, Provides Monetisation Opportunities
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