Hands off the company’s data: How protecting such intellectual property becomes challenging
With more cases of data theft from firms, do we need to have tougher legal options to protect proprietary information?
[SINGAPORE] It is late on a Sunday night; an employee slinks into the dark and empty office to copy data from the firm that he is leaving. He will start at a competitor the next day.
This scene seems right out of a thriller movie, but it actually took place in Singapore.
Zhang Changjie, a former employee of quantitative trading firm Genk Capital, copied almost 3,000 files and sent them to his own e-mail address in March 2018. He would also try to cover his tracks by deleting those files from his company-issued computer.
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