IP Security - Still the Latest Threat

Information technology has helped businesses to increase their productivity; however, an unwelcome side effect is that that intellectual property (IP) fraud due to technology has increased.

27th March 2008

No longer is information held on computer printouts which, is difficult to copy and easily accounted for the norm. Then it was more difficult to commit IP fraud. Today, notebook computers, internet email accounts, USB drives, compact flash cards, iPods, CD and DVD burners together with other technologies have made copying and removing large amounts of information from a company all but invisible to the eye. Is this actually happening? Well according to a survey conducted by KPMG in April 2007, and I quote “The typical company fraudster is a trusted male executive who gets away with over twenty fraudulent acts over a period of up to five years or more.”

Whether you are a large or small company, you will be affected by IP fraud of some description,Z so how can you protect yourself from it? The first step is to ensure that all information is secured through proper procedures and to notify all employees of your intended commitment to safeguard company assets, IP and trade secrets. This should prevent the ‘honest employees’ from any temptation of committing IP fraud. For the committed IP fraudster, a new tool that is proving to be effective is a product called “Webwatcher”.

Webwatcher monitors almost everything that happens on a computer, including:

In addition to the above, clever technology enables the owner of a company to:

If you are interested in protecting your company from IP fraud, contact www.AwarenessTech.com to start making your company secure.

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