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Misappropriation of Trade Secrets
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What is the definition of a trade secret under the Defend Trade Secrets Act (DTSA)?
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A
Any information that is not generally known or readily ascertainable by proper means.
💡 Explanation:
The DTSA defines a trade secret as 'all forms and types of financial, business, scientific, technical, economic, or engineering information, including patterns, plans, compilations, program devices, formulas, designs, prototypes, methods, techniques, processes, procedures, programs, or codes, whether tangible or intangible, and whether or how stored, compiled, or memorialized physically, electronically, graphically, photographically, or in writing' that is 'not generally known or readily ascertainable by proper means.'