• Protect
•             Organizations in the State are losing information that is confidential to unknown thieves. The problem of losing important statistics creates an insecure environment and it is difficult to identify the culprits. In addition to theft of information, companies encounter attacks from their employees or outside people. In order to protect the stealing from happening, organizations ought to recognize the bottom of the problem. The State’s law may not favor prove of theft and therefore companies ought to identify the thieves and find their intensions (Goldmann, 2010).
•             Organizations have come to discover that their own employees are the one who pose as the greatest threat to intellectual property. The employees smuggle out companies’ secrets and sell to information brokers. Other employees receive bribe so that they can give out secrets. Former employees also give trade secrets to un-trusted parties who are a threat to companies (Goldmann, 2010). Those people who are not associated with the company are also a threat in terms of giving trade secrets but with the help of company employees. In order to curb the problem of losing information to outsiders, foreign operatives hold meetings through the system of “mutual information sharing”.
•             Another way to protect confidential information is to create joint ventures and licensing among foreign firms. Employing joint ventures means that the transfer of secrets between different companies ought to take place through the condition of contract. Employing the proposal of joint ventures will play a major role in protecting information. Surveillance technologies also pose as a threat in providing confidential information to outsiders. Strict steps on how to operate the surveillance technology ought to take place in order to protect information (McNicholas, 2007).
•             Electronic penetrations are also a threat to the companies’ information. To avoid electronic break-ins, a consulting company may involve in the operations of electronic devices. Competitive intelligence is another field that has to take responsibility of protecting information. This is to employ tactics that those not trusted to the company cannot get information. Organization ought to make sure that the employees entrusted with secrets are of great integrity. No misuse of organizations’ electronic devices that lead to hacking of secrets when only trusted workers get employment (McNicholas, 2007).
•             Officials ought to amend the State’s law on Espionage act in order to curb theft of information. Those caught stealing secrets from companies ought to receive huge penalties. Companies also require implementing comprehensive security program of protecting information. Improvement of technology is a mere requirement in protecting organizations information. Theft of trade secrets being one of the most threats in growth of companies, the government ought to regulate laws that will positively fight this menace (McNicholas, 2007).
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• References
• Goldmann, P. (2010). Financial Services Anti-Fraud Risk and Control Workbook John. New        York: Wiley and Sons.
• McNicholas, M. (2007). Maritime security: an introduction. New York: Butterworth-         Heinemann.