CES Booth Raided By Feds – Over a Hoverboard?

  • 0

ces_booth_raided_by_feds__115309_213171-150x150File this one away under “unlikely but true.” The story reads like something from a pulp science fiction novel. US Marshals descended on a booth at CES (the Consumer Electronics Show), which is the nation’s largest electronics conference, and shut down the booth, confiscating a number of one-wheeled scooters.

A company called Future Motion, which claimed there was a copyright infringement on the one-wheel design of the board, prompted the federal action. A brief telephone conference was held, during which, Future Motion representatives claimed damages based on the appearance of this knockoff board at such a major conference. The evidence provided was compelling enough to elicit Federal action, and the agents moved in. A temporary injunction has been issued, pending a full investigation into the matter.

While the object of the seizure (a “hoverboard”) may seem trivial, the action itself, and the events surrounding it are anything but. International corporate espionage is a sad, expensive reality in today’s business world, and the fact is that small- to medium-sized businesses are ill-equipped to deal with this kind of thing on their own. Many of China’s largest corporations get extensive financial help from the Chinese government, and have virtually unlimited resources to fund hackers and other business intelligence agents, intent on making off with your company’s trade secrets.

With few exceptions, the greater bulk of our innovation comes from small and medium-sized business, which makes having federal watchdogs who aren’t afraid to swoop in when called upon to do so all the more important. This story underscores one of the success stories, and brings to light the importance of contacting the proper authorities if you suspect your own trade secrets or proprietary data may have been compromised.

We have a fairly robust system in place to assist business in these kinds of situations, but it only works if you take the initial step of reporting any suspicious activity or suddenly appearing “knock off” products. Guard your secrets, and when you feel they’ve been exposed, be quick to get the feds on your side. You don’t have to go it alone, as this example illustrates.

Used with permission from Article Aggregator


Leave a Reply

Don’t even think about calling a computer consultant before you read this!

If you are a small business owner looking for computer support then it's critical that you get and read this small business advisory guide: What Every Business Owner Must Know About Hiring An Honest, Competent, Responsive And Fairly Priced Computer Consultant.

Testimonials

TechNet Computing is a trusted business partner. Rob Lloyd has the ability to see the vision of the company and devise a cost effective, thorough and complete solution. His turn key approach makes working with TechNet very easy and seamless. Thank you Rob!

B. Allan Wallingford, CT

I have worked in a law firm for over 25 years and during that time have been exposed to various IT companies, both large and small.Rob responds very quickly to any questions or issues that arise and follows through until the issue is resolved. He is a pleasure to work with and I would highly recommend him.

Donna M. Dube Giuliano Richardson & Sfara LLC Woodbury, CT

Tech net is our hero I We were hacked and it was a devastating and scarey feeling. We were lucky enough to be recommended to TechNet as our current IT people had not made our system secure enough and were unable to help us properly. Rob Lloyd came in with his superman cape and got us back on track. He helped us through the crisis and worked tirelessly on our behalf. He helped us survive and rebound after the hack. We feel more secure now with the safeguards Rob installed. Without Tech net, we would not be where we are today.

He has been with us since that time. He is fantastic! He is always pleasant, responsive and smart. He gets us through the day to day issues which may arise. We could not be happier with Rob’s service and feel lucky to have him on board. We would recommend him to anyone who is looking for great, reliable IT service.

Marie Dowley Law Offices of Michael Dowley MIddletown, CT