Intellectual property, from formulas and brand names to distinctive logos, are becoming a more valuable asset for many businesses. Their value can vanish or decrease if they are not protected from misappropriation, and the type of intellectual property usually determines the best type of protection. Some of the ways to best protect intellectual property include:
- Non-Disclosure Agreements. NDAs prohibit the signer from misusing your intellectual property and obligates them to return or destroy it on request.
- Digital Protections. Strong passwords, encryption, limiting access, and investing in cybersecurity tools prevent data breaches and intellectual property theft.
- Copyright. Copyright protects original works
