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Confidentiality and non-disclosure provisions in employment agreements can be a meaningful measure to help companies protect valuable intellectual property, including trade secrets. This article addresses certain important issues under New York law concerning such provisions. Confidentiality and non-disclosure provisions in employment agreements can also be important evidence of measures a trade secret owner employs to protect such important intellectual property. Conversely, as certain cases from New York indicate, the failure to have in place a non-disclosure agreement can create difficult hurdles in asserting a trade secrets claim later on.
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Confidentiality and non-disclosure provisions in employment
agreements can be a meaningful measure to help companies protect
valuable intellectual property, including trade secrets. This
article addresses certain important issues under New York law
concerning such provisions. Confidentiality and non-disclosure
provisions in employment agreements can also be important evidence
of measures a trade secret owner employs to protect such important
intellectual property. Conversely, as certain cases from New York
indicate, the failure to have in place a non-disclosure agreement
can create difficult hurdles in asserting a trade secrets claim
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New York issues cyber insurance framework as ransomware, SolarWinds costs mount
State looks to protect one of its core industries, which is threatened by mounting and potentially unsustainable losses due to the SolarWinds and ransomware attacks Credit: Dreamstime
On February 4, 2021, New York became the first state in the US to issue a cyber security insurance risk framework to all authorised property and casualty insurers.
In releasing the framework, New York s Department of Financial Services (DFS) said that from the rise of ransomware to the recently revealed SolarWinds-based cyber-espionage campaign, it is clear that cyber security is now critically important to almost every aspect of modern life – from consumer protection to national security.
New York issues cyber insurance framework as ransomware, SolarWinds costs mount csoonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from csoonline.com Daily Mail and Mail on Sunday newspapers.