trade secret auditing

Trade secret auditing is a systematic review process that organizations use to identify, evaluate, and protect their confidential information that gives them a competitive advantage. It involves assessing how trade secrets are created, stored, shared, and maintained to ensure proper safeguards are in place. This helps detect vulnerabilities, ensure compliance with legal protections, and implement best practices for safeguarding sensitive knowledge, preventing unauthorized access, and maintaining business value. In essence, it’s a comprehensive check-up of how well a company manages and defends its valuable, secret information.