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Study: Economic Downturn Threatens Intellectual Property; IP Security Now Key Business Enabler

A January 2009 study conducted by a research center out of Purdue University in partnership with McAfee, Inc., examined where vital information such as Intellectual Property originates, where it is stored globally, and how it is transferred and lost. The study found that the global economic crisis has placed large amounts of Intellectual Property at risk, since IP has now become an international currency and, as a result, an emerging target for cybercriminals. Even with the risks involved, information is on the move; the study found that average company has $12 million (USD) worth of sensitive information residing abroad. The research also found that cutting investments in information security -- on the assumption that security is a cost center and not a vital business enabler -- could prove to be a fatal error.

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