Based on the FBI's definition, intellectual property (IP) theft involves robbing people or companies of their ideas, inventions, and creative expressions, which can include everything from trade secrets and proprietary products or parts, to movies, music, and software. The IP Commission Report estimates that the annual cost of IP theft on the U.S. economy falls somewhere between $225 billion and $600 billion. Those costs are divided into three categories that we'll cover in this program. We'll also talk about how intellectual property theft happens, how to establish intellectual property as your own, and knowing your own vulnerabilities.