Legal assistance and support with trade secrets

A trade secret is any information which allows its owner under existing or potential circumstances to increase profits, avoid unnecessary costs, maintain market position for goods and services, or obtain other commercial benefits. Therefore, in order to prevent unlawful use of trade secrets, know-how, or financial and economic information, it is necessary to provide timely and appropriate mode of protection.

Establishing and maintaining security for trade secrets within an organization is primarily conducted on the basis of applicable local regulations, the most important being “Regulation regarding trade secrets”. Every measure of protection of information constituting a trade secret against unauthorized access should specifically be based on the provisions of this document and a number of related acts.

Group-IB’s attorneys perform the following range of services related to establishing and maintaining security for trade secrets within an organization, including the following:

• Determining and approving the list of information constituting a trade secret, taking into account the requirements of applicable legislations and the specificity of the company’s business;
• Restricting access to information constituting a trade secret through the development of the “Regulation regarding trade secrets”, establishing the procedures for handling such information and monitoring compliance;
• Developing job descriptions regulating the handling of trade secrets in employment relationships;
• Determining the list of individuals having access to information constituting a trade secret;
• Preparing standard contract forms, appendices, and additional agreements for previously signed employment contracts in order to regulate employee handling of information constituting a trade secret.

The trade secret system is considered established after the adoption of the indicated legal measures.

Legal assistance and support with trade secrets

A successful outcome of the work of Group-IB’s attorneys to provide effective organization for trade secret protection is reflected in the following:

• Development of the complete set of documents, as well as evaluation of any existing set;
• Establishment of a trade secret system within an organization.

Legal assistance and support with trade secrets

As a result of Group-IB’s attorneys establishing a trade secret system, the client receives:

• Protection of information constituting a trade secret. Properly developed organizational and administrative documentation along with a list of information constituting a trade secret allows establishing a trade secret system. Legally competent documentation will help protect confidential information against disclosure, and prevent potential economic losses.
• The restoration of justice and reputation. Establishing a trade secret system allows bringing to justice those responsible for disclosing information constituting a trade secret, and, consequently, restoring justice and reputation in the eyes of your partners and clients.
• The ability to seek restitution. Compensating the damages resulting from disclosure is only possible when a trade secret system has been established. The ultimate goal of this service is to minimize the company’s damages resulting from the actions of criminals, and, in case of need, seek restitution.