Last year, the Defend Trade Secrets Act was put into place by Congress. The law provides companies with a bevy of new legal tools and remedies to address issues relating to trade secret theft and litigation. While this may help a number of companies out there, it will almost certainly lead to an increase in the number of lawsuits relating to trade secrets in 2017, and possibly beyond.
Trade secrets are incredibly important pieces of information that any business will want to protect as vigorously as possible. Given their inherent value, it is equally invigorating for other companies to know those trade secrets. These bits of information inherently derive their value from the fact that few people actually know them.