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The end of the year is a prime time for the expected and unexpected departure of employees and contractors. This puts your business at risk, with departing employees or stakeholders in a position that could impact critical components of business operation, with potential for tampering, misuse and theft.
A number of businesses have engaged Grant Thornton Australia to detect or disprove the unauthorized removal of intellectual property. In all these cases, the intellectual property was disturbingly used to set up a business in direct competition to our clients’. Prompt action to stop this from occurring protected the clients’ position in the market. Do you know the destination of your intellectual property?