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<\/a><\/figure>\n<\/div>\n\n\nWhy prioritising cybersecurity in China is non-negotiable, even in a downturn<\/strong><\/h4>\n\n\n\nIn a slower growth environment, intellectual property becomes even more valuable<\/strong><\/p>\n\n\n\nRobust cybersecurity measures are critical to protect trade secrets and innovations that drive competitive advantage. It is important to know in what format your IP exists, who has access to it, and whether it can be shared with competitors without your knowledge.<\/p>\n\n\n\n
The typical IP a company holds is already in the public domain. However, certain IP, like trade secrets, is reserved for only a subset of inner circle executives. A global Fortune 500 manufacturing company I consulted for defined the following as IP requiring the highest level of protection:<\/p>\n\n\n\n
\n- Manufacturing processes and 3D-drawing: These might include source code, bills of materials, etc., from R&D flow to manufacturing.<\/li>\n\n\n\n
- Customer lists: These might contain valuable information about target, existing and potential clients, their preferences and purchasing history.<\/li>\n\n\n\n
- Pricing strategies: This could include confidential information about pricing models, discounts, and other commercially sensitive data.<\/li>\n<\/ul>\n\n\n\n
Robust cybersecurity measures are critical to protect trade secrets and innovations that drive competitive advantage. It is important to know in what format your IP exists, who has access to it, and whether it can be shared with competitors without your knowledge.<\/p>\n\n\n\n
The typical IP a company holds is already in the public domain. However, certain IP, like trade secrets, is reserved for only a subset of inner circle executives. A global Fortune 500 manufacturing company I consulted for defined the following as IP requiring the highest level of protection:<\/p>\n\n\n\n
- \n
- Manufacturing processes and 3D-drawing: These might include source code, bills of materials, etc., from R&D flow to manufacturing.<\/li>\n\n\n\n
- Customer lists: These might contain valuable information about target, existing and potential clients, their preferences and purchasing history.<\/li>\n\n\n\n
- Pricing strategies: This could include confidential information about pricing models, discounts, and other commercially sensitive data.<\/li>\n<\/ul>\n\n\n\n