IP: How to Protect Your Most Valuable Asset

Intellectual property (IP) is a business's most important asset. Losing it to fraud or theft can result in significant financial losses for companies.

In the pre-Covid era, it was easy for a company to prove the ownership of its IP assets. However, today that is no longer the case.
 

Gone are the days when IP data existed exclusively within a company. Today, with the rise of the global remote workforce, employees are scattered across the world. They no longer have discussions only within the four walls of an office. Most of the conversations today happen over online platforms that may or may not be within the company's firewall.

There is also the challenge of claiming ownership with the fast blurring of personal and professional work lines.

What can a business do in such instances? How can they protect their IPs from fraud and theft? Where should they begin in terms of IP protection?

We have got you covered.

This edition takes a deep dive into the realm of IP protection in a hybrid world.

Read Intellectual Property And HR: Complexities, Challenges And Solution For A Hybrid Workplace, where we touch upon the challenges companies face while protecting IP in a hybrid work environment, strategies HR departments must adopt to protect it amidst increasing data breaches and internal employee frauds, the emerging complexities in this space and how prepared are HR departments with countermeasures, how new technology is affecting IP protection and what can companies do to prevent untoward incidents.

Brett Farmiloe from Featured, in his article, titled Intellectual Property Clauses In Employment Contracts: 5 Insights From Business Leaders, discusses key strategies that could help organizations protect their intellectual assets.

With the Sixth Circuit adopting heightened standards for FLSA collective actions, read What Employers And Employees Need To Know About The Sixth Circuit Ruling to understand how it will impact employers and what they should do in the aftermath of the ruling.

In Evolving Title VII Standards: What Lies Ahead? Tracey Wallace tells us why it is high time employers review and ensure neutrality in policies to prevent potential discrimination claims in workplaces.

In all, we hope, this edition of HR Legal & Compliance Excellence will help you build a safe and healthy workplace.

Happy Reading!