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In today’s competitive marketplace, a company’s most valuable assets are often not found on its balance sheet. The proprietary formulas, customer databases, pricing models, and operational processes that give businesses their competitive edge represent intellectual capital that can literally be worth millions — or lost in an instant. As innovation drives business success, protecting these trade secrets has become critical to maintaining market position and profitability.
The threat to confidential business information is real and growing. Former employees may walk out the door with customer lists stored on personal devices. Competitors might attempt industrial espionage to gain access to proprietary processes. Even trusted insiders can become bad actors, copying sensitive data for personal gain. When trade secrets are compromised, the financial and competitive damage can be devastating and irreversible.
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