Progressive initiatives are a workforce effort, however bringing in exterior specialists can really feel like strolling a tightrope: How do you harness their expertise with out handing over your finest concepts? The nightmare state of affairs is partnering with a consultancy or company to assist launch an thrilling innovation, solely to see a suspiciously related idea pop up of their work for an additional shopper. It’s a typical worry—and a rising one. A European Fee research discovered that 20% of companies confronted tried theft of confidential info, with practically 40% believing the danger is on the rise. Our personal survey of 230 development companies confirmed that 79% feared their proprietary data could possibly be acquired and reused by a associate with out their consent. This concern isn’t distinctive to development—our follow-up survey throughout 5 completely different industries, together with promoting, consulting, engineering, occasion administration, and movie making, discovered that just about 75% of respondents have been considerably to extraordinarily involved about leakage danger.