An Australian high tech company is considering outsourcing product development to South Korea. The manager of new product development asks how the company is going to protect its intellectual assets. What can the company do to best ensure its IP is protected?

 Ensure that service providers under consideration are not involved in any legal disputes Ensure enforceable monetary penalties for failure to follow IP Protection protocols Require security standards, up-to-date certifications, such as ISO/IEC 27001, and audit practices regularly Require service providers to restrict access to and use of sensitive customer data, confidential information and other proprietary information

Answer rating: 100% (QA)

To best ensure the protection of intellectual assets when outsourcing product development to South Korea or any other country the Australian high tech ... View the full answer