Four Key Ways to Safeguard Intellectual Property Data
23-05-10
Online data theft is increasing and is expected to continue to rise with the shift to remote working. This shift adds challenges for companies and teams to properly manage data governance.
Intellectual property, whether trade secrets or patents, is often the most valuable data, constituting the competitive edge. To lose this to a competitor would be detrimental.
Here are five steps to protect your data:
- Limit the number of copies: Keep sensitive intellectual property offsite and encrypted if it's critical.
- Constantly communicate with your team: Remind them about what needs protection, why, how to protect it, and the potential consequences of information falling into the wrong hands.
- Don’t hide breaches: Take legal action and prosecute anyone involved in industrial espionage.
- Avoid email: Utilize a secure and dedicated intellectual property platform for collaboration. A single portal for your team and suppliers to collaborate means everything is in one place.
Intellectual property is often a company’s most valuable asset. The key is to manage, store, and share it electronically without making the data vulnerable.
Having a secure platform not only helps secure your data but also provides a single pane to view the global IP portfolio and aligns with your business strategy.
