Obama Administration’s Strategy on Mitigating the Theft of U.S. Trade Secrets

Executive Branch Seal The Obama Administration launched Its Strategy to Mitigate the Theft of U.S. Trade Secrets.

From the strategy: “Emerging trends indicate that the pace of economic espionage and trade secret theft against U.S. corporations is accelerating. There appears to be multiple vectors of attack for persons and governments seeking to steal trade secrets. Foreign competitors of U.S. corporations, some with ties to foreign governments, have increased their efforts to steal trade secret information through the recruitment of current or former employees. Additionally, there are indications that U.S. companies, law firms, academia, and financial institutions are experiencing cyber intrusion activity against electronic repositories containing trade secret information. Trade secret theft threatens American businesses, undermines national security, and places the security of the U.S. economy in jeopardy. These acts also diminish U.S. export prospects around the globe and put American jobs at risk. […] Departments across the U.S. government have roles in protecting trade secrets and preserving our nation’s economic and national security. This strategy recognizes the crucial role of trade secrets in the U.S. economy and sets out a means for improved coordination within the U.S. government to protect them.”

PDF: Administration’s Strategy on Mitigating the Theft of U.S. Trade Secrets

Press Release: Launch of the Administration’s Strategy to Mitigate the Theft of U.S. Trade Secrets

Video of Launch: Mitigating the Theft of U.S. Trade Secrets

Article formerly posted at https://www.hsdl.org/blog/newpost/view/s_4731