CREATe.org Announces Five-Step Framework to Protect Trade Secrets

Resource Helps Companies Address Trade Secret Theft in Heightened Risk Environment

WASHINGTON, D.C.- For companies concerned with the heightened risk of trade secret theft by cyber thieves, insiders and others, the Center for Responsible Enterprise and Trade (CREATe.org) announces availability of a free five-step framework providing companies with guidance on how to assess and protect trade secrets from top threat actors today.

WHO:

Center for Responsible Enterprise and Trade (CREATe.org), a non-governmental organization helping companies, supply chain and business partners to protect intellectual property (IP) and prevent corruption.

WHAT:

Five-step framework for individual companies to safeguard trade secrets and mitigate potential steps. The framework offers ways to: 1) identify trade secrets; 2) assess threat actors and vulnerabilities; 3) rank by value; 4) analyze potential economic impacts if loss occurs; and 5) take steps to secure a trade secret portfolio.

The framework is part of a broader report developed by CREATe.org and PricewaterhouseCoopers:  Economic Impact of Trade Secret Theft: A framework for companies to safeguard trade secrets and mitigate potential threats. The report also includes:

- An estimate of trade secret theft across industrial economies - 1-3% of U.S. GDP;
- A threat assessment focusing on what threat actors are most active in targeting trade secrets;
- Future scenarios (10-15 years) of the forces and drivers that make trade secrets more or less secure.

HOW:

The framework can be downloaded from:
http://www.create.org/protect-your-trade-secrets

INTERVIEWS:

CREATe.org President and CEO Pamela Passman is available to discuss trade secret theft and ways companies can protect IP assets.

CONTACT:

CREATe.org Media Contact:  Anne Walker,awalker@CREATe.org


About the Center for Responsible Enterprise And Trade (CREATe.org)
The Center for Responsible Enterprise And Trade (CREATe.org) is a non-profit organization dedicated to helping companies and their suppliers and business partners reduce counterfeiting, piracy, trade secret theft and corruption. To achieve our objectives, we have developed CREATe Leading Practices for IP Protectionand CREATe Leading Practices for Anti-Corruption, two programs based on best practices drawn from companies around the world, academics, and other leading organizations. Our offering includes practical, scalable and cost-effective online assessments, independent evaluations, training and other resources designed to benchmark and improve practices for safeguarding IP and preventing corruption. Companies around the world are using CREATe Leading Practices to measure and improve systems for IP protection and anti-corruption. The service is available in Chinese, English, Brazilian Portuguese and Spanish.

For more information, please email info@CREATe.org or visit www.CREATe.org.

CREATe.org Media Contact:  Anne Walker, awalker@CREATe.org