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Impact of intellectual property theft
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Recommended: Impact of intellectual property theft
In addition to the value these two trade secrets hold for Cyclops, their misappropriation brings in major legal implications and consequences. Such negligence and failure on Cyclops’s part to protect its client confidentiality as well as its IP will result in dire consequences including business losses, legal liability, loss of company goodwill and customer faith, and in general embarrassment in the business world.
As the knowledge manager of Cyclops, I recommend that the company make several drastic changes to secure its IP. In order to achieve this, I strongly suggest the implementation of:
1. Corporate Information Security Policy (CISP)
Cyclops not only lacks a comprehensive corporate security policy, where the company can take steps
Sysco and QuikTrip are both profitable companies. Sysco practices a standard style leadership so Sysco’s Mission
In this case, a large health services organization (HSO) in Florida, that has a world-renowned AIDS treatment center had information breach of 4,000 HIV+ patient records, and the list was sent to newspapers, magazines, and the internet. Consequently, this issue was featured in every media vehicle in the world and as CEO, you are requested by the board of trustees to come up a better management information system (MIS) to resolve all information security issues or you will face termination. After hiring an undercover computer security consultant to help determine where the security leak came from, she quickly identifies numerous breaches in computer security and provides a report with the issues identified. The report furnished by the consultant revealed that facility had major problems with the MIS and the staff. In order to determine how to address the issues, the CEO must first answer the following questions: what law is being violated by the employees, why was this law enacted, what are the penalties for such violations, what are the penalties for sharing celebrity information, and should he be updating his resume and looking for another job (Buchbinder, 378).
Nowadays, trade secrets, sensitive and confidential data has been leaked to competitors and the public has increased in the last 15 years. Under those circumstances, enterprises are kicking it up into high gear to maintain confidentiality and secure intellectual property. All in all, Disney’s confidential/non-compete agreement tackles the pros and cons for signers, view the benefits and hindrances of former employer’s confidential accords, and outlines two important items high-level employees have to adhere to safeguard the company.
The goal of Clark Consulting remains to help develop a more secure network for Harry and Mae’s Inc. in that vein, Clark Consulting has determined some final additions and changes to the Harry and Mae’s Inc. network. The additions include a Bastion server, Network Intrusion Detection System (NIDS), Host Intrusion Detection System (HIDS) and a Security Information and Event Management (SIEM) server. The changes will primarily revolve around passwords.
There were many myths about cyclops in books, and websites. There were myths that said that a long time ago, all of the monsters were banished or kicked out of the earth except for cyclopes because they were Zeus’ favorite. They all worked for Zeus and listened to whatever he commanded even if they had no manners or good temper. Zeus had provided
Cisco strives to be the most honest, fair and loyal business in the world. In order for that to happen, there has to be rules and regulations to follow to avoid slipping up on something that could go against that title. There needs to be a high level of loyalty, always follow the law, and keep accurate financial books. Cisco must also know different business misconducts to avoid in order to remain the great company it is.
While Odysseus and his men brave the unforgiving winds of the open sea trying to return home they are curious about where the Cyclops live. This land is quite lush with very little activity. The Cyclops are very much loners who keep to themselves and lack any real etiquette. Well, Odysseus and his men go upon the island into a cave and upon finding more than enough food are faced with an option to leave with their new loot or to stay. Against his men’s request to leave while the getting is good Odysseus wants to stick it out. He honestly believes that mercy will be shown to him and that it will be okay! Boy was he wrong! The Cyclops, a massive and very disgusting creature, shows his “guests” the exact opposite of what a normal host does for their company. He literally eats them alive and holds them captive! We, the reader, really begin to the Odysseus’ plan to escape unfold when he devises a plan to offer Polyphemus, the Cyclops,
In an age where instant access to information has influenced the privacy workplace model, which once prevails over what were inalienable assumptions of privacy is no longer a certainty in the workplace. Some companies require employees to sign confidentiality agreement to protect their patents, formulas, and processes. There are instances where companies dictate a “no compete” clause in their hiring practices, to prevent an employee from working for competitors for typically two years without legal implications. While these examples represent extents, employers go to protect their company’s privacy; companies do not go to that extent to protect the privacy of their employees.
In The Odyssey by Homer, edited by Fitzgerald, Odysseus and his shipmates are trying to make it back to their homeland, Ithaca. In Book 9, ‘’The Land of The Cyclops’’ edited by Fitzgerald, he comes forth to a giant cyclops, Polyphemus. This event alters Odysseus’s journey back home and causes many catastrophes upon him and his crew. Next, in the ‘’The Blinding of Polyphemus” by Robert Dickerson, Odysseus’s moments on the Cyclops Island are outlined. The poem highlights how Polyphemus lost his eye due to Odysseus and his men trying to escape out of his cave before he ate them. A visual ‘’The Cyclops Polyphemus blinded by Odysseus and his men’’ displays an image of how Polyphemus getting blinded went down. A good way
The major complication introduced if economic espionage or misappropriation of a trade secret involves a foreign entity is prosecuting the person responsible for the theft. These cases often go unreported due to the low success rate of the court cases. It is extremely difficult to find enough evidence to convict the culprit. “Often, the greatest challenge in prosecuting economic espionage, as opposed to trade secret theft, is being able to prove that the theft was intended to benefit a foreign government or foreign instrumentality (Coleman, 2014)”. “The beneficiary of the stolen trade secrets may be traced to an overseas entity, but obtaining evidence that proves the entity’s relationship with a foreign government can be difficult (Coleman, 2014)”. Even though the investigation and litigation of these crimes can time consuming, companies can recoup potential losses and further protect their intellectual capital by taking action (Barbanel,
In this case study, I aim to present the recent issue about Cyber security, protecting client’s private data and information through the controversial Apple and
Hamister, J., & Braunscheidel, M. (2013). Software piracy and intellectual property rights protection. Academy of Information & Management Sciences Journal, 16(1), 15-35. Retrieved from EBSCOhost
The world is in another cold war, except this time countries are battling for cyber supremacy. Cyberspace is a massive land of ever-changing technology and personal interaction (McGuffin and Mitchell 1). Cyberspace is not only a place where people post pictures and update their profile, but it also plays an enormous role in running a country. Advanced countries use computers to guide their military, keep track of citizens, run their power grids, and hold plans for nuclear devices and nuclear power. Risks to commercial and government concerns are now being noticed and many countries are taking actions to prevent such threats (McGuffin and Mitchell 1).
Solution: The organization should put in place a competent incident response team, continuously update their security