How do you protect trade secrets from employee theft?

Protecting trade secrets from employee theft is a major concern for businesses located in Washington. Companies have a few options when it comes to protecting their trade secrets. The first option for protecting trade secrets is to require employees to sign a non-disclosure agreement. This agreement means that employees promise not to divulge any trade secrets that they learn while employed. Employees can be held legally accountable for breaking this agreement. Another option is to limit access to trade secrets. Only certain people should be provided access to the confidential information. In addition, companies can include policies that outline the proper use and storage of trade secrets. It is also important to monitor how employees interact with trade secrets. Companies can use digital tracking to monitor how employees use trade secrets, such as who is accessing the information, when, and how often. Finally, Washington law provides that companies can protect their trade secrets by suing for damages if an employee steals them. Companies can also ask for a court order prohibiting employees from taking or using trade secrets. By taking the necessary steps to protect trade secrets, Washington companies can ensure that these valuable assets are not stolen by employees. In addition, companies can save time and money by avoiding future lawsuits.

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How do you protect trade secrets from employee theft?

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