I attended this presentation by Michael P. Avramovich, President of Avramovich & Assoc., P.C. @ the Center for International Business & Trade of the John Marshall Law School. Here’s what I was able to pull out of it:
-FBI estimates losses of $200B.
-Russia & China are #1 & #2
-Because the U.S. is the largest foreign direct investor, that makes the U.S. the # 1 target
-inside agents are the most insidious
-supply chains open up vulnerability
-French flight attendants were bugged as members of the French equivalent of the CIA
-foreign students in the U.S. gather data to take home
He spent a fair amount of time going through the actual code
the U.S. govt must prove
-theft
-perpetrators knew it was a trade secret
-converted to an economic benefit
-knew there was injury
-related to foreign commerce
this controls acts outside of the U.S. as well
to protect trade secrets
-train employees, consultants, licensees
-sign Non-Disclosure Agreements
-limit physical access to secrets
-restrict the # of copies which can be made of secrets
-encrypt data
only 30 cases have been prosecuted in 11 1/2 years
For the record, this is 1 of the driest presentations I’ve ever seen.
He handed out an 18 page report, 6 pages of code on Protection of Trade Secrets, & a 6 page article he contributed to The Globe. Contact him if you’d like copies.
