Infosys Accused in American Court of Stealing Trade Secrets

Cognizant TriZetto Files Lawsuit

Cognizant TriZetto, a division of Cognizant Technology Solutions, has filed a lawsuit in a US court, accusing Infosys of stealing trade secrets. According to the lawsuit, Infosys "misappropriated and used Cognizant TriZetto's confidential and proprietary trade secrets to develop and market its own competing software products."

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Cognizant TriZetto Seeks Damages

Cognizant TriZetto is seeking damages from Infosys for the alleged theft of trade secrets. The company is also asking the court to enjoin Infosys from using or disclosing any of the stolen trade secrets.

Infosys Denies Allegations

Infosys has denied the allegations made in the lawsuit. The company has stated that it "respects and protects the intellectual property rights of others" and that it "will vigorously defend itself against these baseless claims."

Trade Secret Theft a Growing Problem

Trade secret theft is a growing problem in the United States, with an estimated cost of billions of dollars each year. The theft of trade secrets can have a devastating impact on businesses, as it can lead to the loss of competitive advantage, financial losses, and reputational damage.

Businesses Should Protect Trade Secrets

Businesses should take steps to protect their trade secrets from theft. These steps include:

• Identifying and classifying your trade secrets
• Limiting access to trade secrets to only those who need to know them
• Using non-disclosure agreements to protect trade secrets
• Educating employees about the importance of protecting trade secrets

Government Enforcement of Trade Secret Laws

The government is also taking steps to enforce trade secret laws. The Department of Justice has created a new task force to investigate and prosecute trade secret theft cases. The task force has already brought several cases, and it is expected to bring more in the future.