trade secrets News

Hackers Drawn to Oil and Gas Industry’s Lack of Sensors, Controls

Oil and gas companies, including some of the most celebrated industry names in the Houston area, are facing increasingly sophisticated hackers seeking to steal trade secrets and disrupt operations, according to a newspaper investigation. A stretch of the Gulf Coast …

Disgruntled Workers Hacking Employers Is on the Rise, FBI Says

Employees with an ax to grind are increasingly using Internet cloud services and other computer tools to hack their current or former companies, the Federal Bureau of Investigation and Homeland Security Department said. The workers use services like Dropbox Inc.’s …

Cybercrime Thefts Reach $445 Billion

Cybercrime remains a growth industry. That’s the main message from former U.S. intelligence officials, who in a report outlined scenarios for how $445 billion a year in trade theft due to computer hackers will worsen. They warned that financial companies, …

Mississippi Law Protects University Intellectual Property

Mississippi lawmakers have extended trade-secret protections to universities and community colleges by exempting materials tied to any commercial, scientific or technical research from the state’s Open Records Act before the research is published. Gov. Phil Bryant signed House Bill 116 …

Sporting Goods Company CEO Posed as Rival Exec to Get Secrets

The CEO of a sporting goods chain who once appeared on the TV show “Undercover Boss” pretended to be an executive from a rival company in an effort to get confidential information, according to a lawsuit. Dick’s Sporting Goods claims …

Stop the Press Releases! PR Newswire Sued by Rival

When one distributor of corporate press releases concluded that a rival was trying to steal its secrets, it didn’t issue a press release, it went to court. MarketwireWednesday filed a $25 million lawsuit accusing rival PR Newswire of causing irreparable …