Crown Jewel Insurance

"As one could easily predict, Colonial Pipeline is being sued in a putative class action for negligence around their 6 day outage due to the recent ransomware attack that impacted fuel supply in the Southeast and up the eastern coast."

To see how our product VendorGuard could have changed the outcome, read the full blog using the link below.

Special Alert: Colonial Pipeline Part 2 — Crown Jewel Insurance™ As one could easily predict, Colonial Pipeline is being sued in a putative class action for negligence around their 6 day outage due to the recent ransomware attack that impacted fuel supply in the Southeast and up the eastern coast.

Two major headlines in the past ten days:

-IPwe, partnering with IBM’s blockchain group, announces it will be hosting a platform to help innovators monetize patents and other intellectual assets through turning them into non-fungible tokens (NFTs), a digital asset. This allows for the tamper-proof sale, purchase, and licensing (and inherent valuation) of these critical assets in a dramatically simpler, faster way than the status quo.
https://bit.ly/3tNFnts

-LG Energy Solution Ltd. settles record-breaking $1.8 Billion trade secret misappropriation case against SK Innovation Co.
https://bit.ly/3netryw

These newsworthy events and others like them confirm that the trend towards monetizing IP assets will continue and that there is massive IP value worth protecting. Crown Jewel Insurance already offers a blockchain solution to automate and manage IP risks, in addition to independent valuation of trade secrets, insurance against theft and misappropriation, and litigation support. This 2 minute video explains it all!


https://youtu.be/BPpZk1eMoRA

Crown Jewel Protector: The solution for your trade secrets. "It is estimated that 85% of the value of the S&P 500 is comprised of intellectual property assets" Based on this statistic, shouldn't companies be focused o...