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Expert Analysis

You Need To Work Harder To Fight Trade Secret Theft

Law360, New York (August 7, 2013, 12:38 PM EDT) -- In today's increasingly digital and mobile world, companies are learning — sometimes the hard way — how vulnerable they are to the maliciously inclined employee bent on stealing trade secrets. When Dejan Karabasevic, a top engineer at American Superconductor Corp. (AMSC) used his laptop and the Internet to steal and sell his company's proprietary software to Sinovel Wind Group Co., a Chinese company that was AMSC's biggest client, he nearly destroyed his employer. AMSC's stock plunged, its $1.6 billion market value shrank to $200 million, and 500 employees (more than half the company's employees) were laid off....

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