Businesses must ‘think carefully’ about their online security systems, says Eversheds

Simon Crossley, head of intellectual property at Eversheds, has said that it is no coincidence that trade-secret theft has increased, due to businesses increasingly storing confidential information and trade secrets on networked systems.

Crossley, commenting following a warning that intellectual property theft is a greater cybersecurity threat than cyber war and attacks from hackers, said: ‘No security system can provide absolute protection, so businesses need to think carefully about how core technology and secrets are stored and accessed.

‘Just as a lock on a safe can be picked, it’s clear that online security systems will be subject to attack from hackers looking for valuable information.’