Image for The Defend Trade Secrets Act of 2016

The Defend Trade Secrets Act of 2016

The Defend Trade Secrets Act (DTSA) of 2016 is a federal law that protects businesses' confidential information, known as trade secrets, from theft or misappropriation. It allows companies to take legal action across U.S. courts if someone steals or improperly uses their trade secrets. The law provides remedies such as injunctions (stopping the misuse), damages (compensation), and sometimes punitive damages. It also includes provisions to encourage companies to report thefts without fear of criminal liability, helping secure innovation and competitive advantage across industries.