What is the most common type of intellectual property theft?

What is the most common type of intellectual property theft?
To discourage or prevent inadvertent misuse or theft of the company’s intellectual property, several processes and procedures should be implemented. First, a robust data classification and marking system should be established to clearly identify and label sensitive information, such as architectural drawings and design plans, as confidential (Spirion, 2023).
Additionally, the principle of separation of duties should be enforced by dividing critical tasks related to accessing and handling sensitive information among different individuals. For example, only authorized personnel should have access to confidential files, and their activities should be regularly monitored and audited by separate teams to detect any unauthorized access or suspicious behavior (Lake Ridge, 2024).
Furthermore, by implementing the principle of least privilege, this ensures that employees, managers, and executives only have access to the minimum level of access necessary to perform their specific job duties (Lake Ridge, 2024). This limits the potential damage that can occur if their accounts are compromised or if they engage in malicious activities (Lake Ridge, 2024).
Integrating these strategies and protocols would enable Padgett-Beale’s Corporate Security Office to establish a holistic security framework that deters and impedes any potential misuse or theft of the company’s intellectual assets by employees, managers, or executives.

References
Data Classification (Data Management): A complete overview. Spirion. (2023, July 9). https://www.spirion.com/data-classification
What is the difference between. Lake Ridge. (2024). https://www.lakeridge.io/what-is-the-difference-between-separation-of-duties-and-least-privilege#:~:text=Separation%20of%20duties%20has%20to,need%20to%20complete%20their%20work.

ORGINAL POST/INSTRUCTIONS FOR REFERENCE
Padgett-Beale’s Corporate Security Office has recently completed an investigation into how a competitor may have obtained copies of the confidential architectural drawings and design plans for a new type of resort that the company had planned for a recently acquired island property. It is suspected that an Advanced Persistent Threat mechanism may have been used to exfiltrate information.
In your opinion, what processes and procedures should be used to discourage or make it difficult for employees, managers, and executives to inadvertently misuse and/or steal the company’s intellectual property (consider data classification and marking, separation of duties, and least privilege).

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