The administration of President Barack Obama released a strategy aimed at protecting trade secrets. As White House press secretary Jay Carney stated, the strategy aims to “protect the innovation that drives the American economy and supports jobs in the United States.” He said, “We know that trade secret theft can cripple a company’s competitive advantage in foreign markets, diminish export prospects around the globe, and put American jobs in jeopardy.” That was why the White House had put together a strategy.