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

We are a small non-profit organization that does it’s own IT and web design in-house. We first called on Technet Computing a few years ago when we wanted to upgrade our internal server network and have been customers ever since. We appreciate the knowledge owner Rob Lloyd delivers in a timely and friendly manner. If something goes wrong we know he’s just a phone call away and makes every effort to come to our office as quickly as possible. We highly recommend Technet Computing for all your office IT needs.

 

Staff of Connecticut Resource Conservation & Development Inc.

I have no hesitation in recommending him My law firm has worked with Rob Lloyd as our IT Consultant for several years. He has helped us to network our computers, and also to work remotely from home. Whenever we have had hardware or software problems, Rob has responded promptly and has corrected the problem. I have no hesitation in recommending him.

Attorney John Montalbano Middletown, CT

He took the initiative. Robert was in charge of maintaining the accounting software and although he never worked in the product, he was always able to troubleshoot an issue we were having. He took the initiative to get to the bottom of what happened and would somehow always find a way to fix it.

Kathy F. Accounting Waterbury, CT