Information Security and Risk Management

Questions derived from the CISSP – CISSP ISC2 Self-Test Software Practice Test.


Objective: Information Security and Risk Management
SubObjective: Understand professional ethics


Item Number: CISSP.5.18.2
Single Answer, Multiple Choice


Which statement is true of trade secret law?



  1. Trade secret law involves protection of an idea’s expression.
  2. Trade secret law protects information that is vital to a company’s survival and profitability.
  3. Trade secret law involves protection of either a word or a symbol that is used to represent the company.
  4. Trade secret law promotes the use of information between different companies to ensure a homogeneous environment.

Answer:
B. Trade secret law protects information that is vital to a company’s survival and profitability.


Tutorial:
Trade secret law protects information that is vital to a company’s survival and profitability. Trade secret law preserves the proprietary information pertaining to a company’s business. Trade secrets provide a company with a competitive advantage. Special skill and talent is required to develop trade secrets. The Trade Secret Act qualifies company information as a trade secret only if the information fulfills the following conditions:



  • The information must not be easily accessible.
  • The information must have economic value for the company’s competitors.
  • The information must be protected by the company using all reasonable means.

The following are examples of company trade secrets:


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