Cybercrimes and Trade Secret Protection

The digital revolution introducing new technologies has rapidly and substantially changed the way we are working, creating new opportunities for businesses to boost productivity and growth. The Internet, in particular, is seen as an essential tool for companies to develop, communicate and innovate. However, while technologies are more and more efficient, increasing our dependence, cybercrimes also proliferate. Theft of trade secrets via cyber intrusion is particularly concerning for small and medium-sized enterprises (SMEs) as they run the risk of losing their innovations or business ideas when valuable information gets misappropriated. While steps are being taken to fight against cybercrimes, SMEs need to implement appropriate strategies to protect themselves against the theft of valuable information.