KIPO and Supreme Prosecutors' Office Collaborate to Establish Standards for Calculating 'Technology Leakage Damages'

The Korean Intellectual Property Office (KIPO) and the Supreme Prosecutors' Office are joining forces to establish standards for calculating damages caused by technology leakage.

On the 3rd, KIPO announced that it will hold a seminar titled "Introduction of Damage Valuation for Calculating Technology Leakage Damages" with the Supreme Prosecutors' Office at the EL Tower in Seoul.

Asia Economy DB

Technology leakage crimes are serious offenses that involve stealing technologies developed by companies through significant investments of time and cost, depriving the victim companies of growth potential and causing irreparable damage.

However, despite the occurrence of technology leakage and resulting damages, it has been consistently pointed out that it is difficult to calculate the amount of damages, leading to many cases where punishments do not correspond to the scale of the damage.

This is also perceived as "lenient punishment," which reduces the crime prevention effect and contributes to the continued growth of technology leakage damages suffered by domestic companies.

Considering these circumstances, KIPO and the Supreme Prosecutors' Office have been exploring ways to systematize the method of calculating technology leakage damages through research projects.

Additionally, related agencies involved in technology leakage crimes recognize the importance of establishing standards for calculating technology leakage damages, and to share previously researched improvement plans and jointly consider future directions and tasks, the seminar was organized.

First, at the seminar, the two agencies plan to discuss ▲ Implications of foreign cases on technology leakage damage and loss calculation (Senior Research Fellow Haesung Yoon, Korea Institute of Criminology and Justice Policy) ▲ Calculation of damage amounts to prevent technology leakage (Professor Woojung Jeon, Korea Advanced Institute of Science and Technology (KAIST)) ▲ Technology leakage and intellectual property (IP) valuation (Principal Researcher Jongtaek Lee, Korea Institute of Science and Technology Information)

In particular, the seminar will be attended by officials from related ministries involved in technology protection such as the National Intelligence Service, Ministry of Trade, Industry and Energy, and the National Police Agency, as well as practitioners from evaluation institutions conducting intellectual property (IP) valuation, who will exchange opinions.

Mok Seong-ho, Director of the Industrial Property Policy Bureau at KIPO, said, "Overcoming the current situation where it is difficult to calculate technology leakage damages and thus difficult to impose proper punishment is the most urgent task," adding, "KIPO will continue to collaborate with related ministries such as the Supreme Prosecutors' Office to establish a valuation model for calculating technology leakage damages."

Park Hyun-jun, Director of the Scientific Investigation Department at the Supreme Prosecutors' Office, said, "Technology leakage acts threaten the survival of companies and furthermore have adverse effects on national security and the national economy," and added, "The prosecution will strive to develop methods to assess technology value, identify damages, and reflect them as sentencing factors."

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