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A trade secret is a form of intellectual property comprising confidential information that is not generally known or readily ascertainable, derives economic value from its secrecy, and is protected by reasonable efforts to maintain its confidentiality. [1] [2] [3] Well-known examples include the Coca-Cola formula and the recipe for Kentucky ...
United States diplomatic cables leak: A WikiLeaks disclosure of classified cables that had been sent to the U.S. State Department by 274 of its consulates, embassies, and diplomatic missions around the world. [13] Guantanamo Bay files leak: Classified assessments, interviews, and internal memos about detainees, which were written by the ...
In the United States, trade secrets are protected under state law, and states have nearly universally adopted the Uniform Trade Secrets Act. The United States also has federal law in the form of the Economic Espionage Act of 1996 ( 18 U.S.C. §§ 1831 – 1839 ), which makes the theft or misappropriation of a trade secret a federal crime.
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Common types of intellectual property rights include copyrights, trademarks, patents, industrial design rights, trade dress, and in some jurisdictions, trade secrets. These may be sometimes called intellectual rights. See outline of patents for a topical guide and overview of patents.
In the books of such spy novelists as Ian Fleming, John le Carré and Tom Clancy, characters frequently engage in tradecraft, e.g. making or retrieving items from "dead drops", "dry cleaning", and wiring, using, or sweeping for intelligence gathering devices, such as cameras or microphones hidden in the subjects' quarters, vehicles, clothing, or accessories.
Information can make the difference between success and failure; if a trade secret is stolen, the competitive playing field is leveled or even tipped in favor of a competitor. Although a lot of information-gathering is accomplished legally through competitive intelligence, at times corporations feel the best way to get information is to take it ...
Those who can invoke the law are provided with effective tools to defend themselves against unauthorized acquisition, use or disclosure of trade secrets. As a result, they may request that any documents, electronic files or other objects obtained be destroyed or published, or products recalled or destroyed on the basis thereof.