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Month: October 2014

Why patent search is very important?

October 27, 2014
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| Categories: Intellectual Property, Patents

Importance of Patent Search It is a well regarded fact that a good idea does not necessarily mean it is patentable or a good invention. Many inventions meet death without seeing the light of commercial success, due to several reasons.  On the other hand many patents get invalidated due to infringement upon other patents and for the most part, this can be attributable to inefficient patent search. Without a diligent patent search, you will most likely end up "reinventing a wheel" again.  The damage caused due to this is not limited to time, costs and efforts. Patent information search is crucial for inventors, R&D departments and for any business entity dealing with innovation and inventions. The case below is the best...

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TM5 – a new framework by key players in trademarks

October 3, 2014
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| Categories: Intellectual Property, Trademark

The TM5 is a conglomerating of the world’s top five trademark offices 1) China’s State Administration for Industry and Commerce (SAIC) 2)  Europe’s Office for Harmonization in the Internal Market (OHIM) 3)  the Japan Patent Office (JPO) 4) South Korea’s Korean Intellectual Property Office (KIPO) 5) the United States Patent and Trademark Office (USPTO). These offices reportedly account for 70 percent of all trademark and design applications worldwide. The TM5 grew out of the Trademark Trilateral, a cooperative framework of the JPO, OHIM and the USPTO that was formed in 2001.  After expansions in 2011 and 2012 to include KIPO and SAIC, respectively, the group has had gradually evolved into its present form. The tmfive.org website contains the history and objectives of...

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Details released about hacking attack on Chase Bank

October 3, 2014
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| Categories: Cyber Crimes

Hacking attacks, a species of cybercrime, has been on the constant rise in the recent years.  Not too long ago, Microsoft’s online store, the Heartbleed bug, numerous Gmail Accounts(?), Yahoo, etc  became victims of hacking attack.  Even some gaming companies were not spared. More recently this summer the J.P. Morgan Chase & Co., popularly known as “Chase”, got attacked and while investigations are ongoing on the hacking event, it was believed that information from about 76 million households and 7 million small businesses was stolen.  The information stolen could be names, addresses, phone numbers and email addresses.  However, the financial giant claims that sensitive information such as Social Security Number, account number, passwords, date of birth remained uncompromised. At this...

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