Cybersecurity: Vital to Legal and Technical Protection of Trade Secrets
Hardly a week goes by without a new hack or cyber breach being reported in the news, and companies are spending lot of time and attention in improving their IT security. But as companies set out to “raise their game” in protecting their confidential information from cyberattacks, it is important to understand and act on the fact that cybersecurity is not just a technology issue.
Cybersecurity initiatives increasingly have legal as well as practical consequences – including for protecting the value and competitiveness of such items as “trade secrets” – and the trend, in line with such voluntary initiatives such as the NIST Cybersecurity Framework, is to look more holistically at relevant management processes and people issues throughout a company, not just its IT protections, to assess and address the adequacy of cybersecurity.
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