What fine can a company incur for utilizing stolen secrets for personal gain?

Master Counterintelligence Awareness and Reporting Test. Use flashcards and multiple choice questions with hints and explanations. Ensure you are comprehensively prepared for your exam journey!

A company can incur a fine of up to $5 million for utilizing stolen secrets for personal gain because this penalty reflects the serious nature of such offenses under laws governing trade secrets and intellectual property. The high financial stakes are designed to deter companies from engaging in unethical practices like theft of trade secrets, which can severely harm competitors and disrupt industry fairness.

This fine amount serves as a significant deterrent, emphasizing the legal responsibility of companies to protect proprietary information and maintain fair business practices. It reflects the potential economic damage and the importance of maintaining a competitive marketplace free from unfair advantages gained through illicit means.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy