The Defend Trade Secrets Act (DTSA) provides new ways for companies to protect a broader range of commercially sensitive information. This article discusses some practices that can help companies take full advantage of these new protections.
Updating Trade Secret Inventories
While companies should already have an inventory of trade secrets, that inventory should be re-evaluated in light of the DTSA, which broadened subject-matter eligibility and fortified legal protections. Today, not only can companies protect a greater range of information, but they have more incentives to rely on trade secret protections than in the past.
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