If a company falls victim to IP theft, leaders should take immediate action:
1. Legal Action: Consult with legal experts to pursue litigation or settlement. 2. Internal Investigation: Conduct an internal investigation to understand how the theft occurred and to prevent future incidents. 3. Communication: Communicate with stakeholders to maintain trust and to inform them of the measures being taken. 4. Reevaluate Security Measures: Strengthen existing security protocols and policies to prevent further breaches.