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What sets our Knowledge Base apart from competitors and alternatives is its superior organization and prioritization by urgency and scope.
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Our Knowledge Base is perfect for professionals like you who are looking for an efficient and effective way to stay up-to-date with Fines And Penalties and GDPR regulations.
It is a user-friendly product that can easily be integrated into your business processes.
And the best part? It is a DIY and affordable alternative to expensive compliance services.
You′ll love the level of detail and specification provided in our Knowledge Base.
It covers everything from Fines And Penalties and GDPR-related products to semi-related product types, giving you a well-rounded understanding of the regulations.
But the benefits don′t stop there.
Our Knowledge Base offers extensive research on Fines And Penalties and GDPR, providing you with the most up-to-date and accurate information.
This will not only help you avoid costly fines and penalties but also protect your business from potential legal consequences.
In today′s digital age, businesses must prioritize data privacy and protection.
Our Knowledge Base offers valuable insights and solutions for businesses of all sizes.
From small startups to large corporations, our dataset caters to everyone′s needs.
And the best part? Our Knowledge Base is cost-effective and accessible to all.
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Our satisfied customers have seen significant improvements in their compliance efforts and peace of mind since using our Knowledge Base.
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Are you protecting your organization from fines and penalties for use of pirated software? Are there any outstanding environmental, health and safety fines or penalties in the leasing organizations property portfolio? Does the policy include coverage for fees, fines and other penalties related to cyber incidents?
Fines And Penalties
Fines and penalties refer to the monetary consequences that an organization may face for using pirated software, and it is important for the organization to take steps to prevent these consequences.
1. Implement regular software license audits to ensure compliance and avoid penalties. (Benefit: Ensures compliance with GDPR regulations and avoids financial penalties. )
2. Use a centralized software asset management system to track all software licenses. (Benefit: Allows for efficient monitoring and management of software licenses to prevent unauthorized use. )
3. Educate employees on the importance of using only authorized, licensed software. (Benefit: Increases awareness and promotes responsible use of software within the organization. )
4. Utilize open-source or affordable alternatives to expensive proprietary software. (Benefit: Reduces the risk of unknowingly using pirated software and incurring penalties. )
5. Conduct due diligence when purchasing new software to ensure proper licensing. (Benefit: Mitigates the risk of purchasing unlicensed software and potential penalties. )
6. Develop a policy for reporting and addressing any suspected use of pirated software. (Benefit: Promotes a culture of compliance and enables prompt resolution of potential issues. )
7. Keep all software licenses and documentation organized and readily accessible. (Benefit: Simplifies licensing audits and demonstrates a commitment to compliance. )
8. Consider using a third-party auditing service to verify software compliance. (Benefit: Provides an unbiased assessment of software use and can help identify any gaps in compliance. )
9. Implement strict controls and processes for downloading and installing software. (Benefit: Prevents unauthorized use and reduces the risk of accidentally using pirated software. )
10. Regularly review and update software licenses to ensure they are valid and up-to-date. (Benefit: Ensures continued compliance and reduces the risk of using outdated or invalid licenses. )
CONTROL QUESTION: Are you protecting the organization from fines and penalties for use of pirated software?
Big Hairy Audacious Goal (BHAG) for 10 years from now:
In 10 years, Fines And Penalties will be a global leader in software compliance, recognized for our unwavering commitment to protecting organizations from fines and penalties related to the use of pirated software. Our goal is to completely eradicate software piracy by working closely with government agencies, industry partners, and software vendors to educate and enforce strict compliance policies.
We will have a team of highly trained experts and cutting-edge technology in place to proactively detect, prevent, and remove any unlicensed or counterfeit software from our clients′ systems. This will not only save organizations millions of dollars in fines and penalties but also protect their reputation and integrity in the market.
Our success will be measured by our ability to significantly reduce the number of reported cases of software piracy and increase awareness of its detrimental effects on both businesses and consumers. We envision a future where all organizations, big or small, prioritize software compliance and work hand in hand with us to create a fair and ethical business environment.
Furthermore, our impact will extend beyond just financial and legal implications. We will strive to promote a culture of ethical behavior and respect for intellectual property rights within the organizations we work with, ultimately leading to a more responsible and sustainable tech industry.
This BHAG (big hairy audacious goal) will require dedication, innovation, and collaboration, but we firmly believe that with our relentless drive and determination, we can make it a reality.
"The prioritized recommendations in this dataset have revolutionized the way I approach my projects. It`s a comprehensive resource that delivers results. I couldn`t be more satisfied!"
Synopsis of Client Situation:
Fines and penalties for use of pirated software have become a growing concern for organizations in recent years. With the rise of digital technologies, the availability and ease of access to pirated software has increased, making it a tempting option for companies looking to cut costs. However, the use of pirated software poses significant risks to organizations, including legal and financial consequences. This case study focuses on a multinational corporation, ABC Inc., which has a global workforce and a complex IT infrastructure. The company has been using pirated software across its various departments and functions, putting it at high risk of facing fines and penalties. In light of this situation, the company has engaged with our consulting firm to find a solution to protect itself from potential fines and penalties for the use of pirated software.
Consulting Methodology:
Our consulting methodology for this project involves a comprehensive approach to assess the organization′s current systems and processes, identify areas of risk, and develop a plan of action to mitigate these risks. The following steps will be undertaken:
1. Initial Assessment – Our team will conduct an assessment of the organization′s systems and processes to identify any instances of pirated software use. This will involve working closely with the IT department, as well as conducting interviews with key stakeholders across different functions.
2. Risk Analysis – Once the initial assessment is complete, our team will conduct a risk analysis to determine the potential impact of using pirated software on the organization′s operations, reputation, and finances. This will involve examining the legal landscape, industry standards, and best practices related to software licensing.
3. Policy Development – Based on the findings from the risk analysis, we will work with the organization′s legal and IT department to develop a comprehensive software licensing compliance policy. This policy will outline the rules and guidelines for procuring, installing, and using software within the organization, ensuring compliance with all relevant laws and regulations.
4. Implementation – Our team will work closely with the organization′s IT department to implement the software licensing compliance policy. This will involve conducting training sessions for employees, updating relevant systems and processes, and communicating the changes to all stakeholders.
5. Continuous Monitoring – To ensure ongoing compliance with the software licensing compliance policy, our team will set up a system for regular monitoring of software usage across the organization. This will involve conducting periodic audits to identify any potential instances of non-compliance and taking corrective action as necessary.
Deliverables:
1. Summary report of the initial assessment findings.
2. Comprehensive risk analysis report.
3. Software licensing compliance policy.
4. Training materials for employees on the updated policies and procedures.
5. Implementation plan and timeline.
6. Monitoring and audit process documentation.
Implementation Challenges:
The implementation of the software licensing compliance policy may face the following challenges:
1. Resistance from Employees – Some employees may have become accustomed to using pirated software, and they may resist the change to a more stringent compliance policy.
2. Complex IT Infrastructure – With a global workforce and a complex IT infrastructure, implementing the policy across all systems and departments may be challenging.
3. High Costs – The organization may need to invest in licensed software, which can be a significant cost burden.
4. Lack of Awareness – Employees may not be aware of the legal implications of using pirated software, making it challenging to get them on board with the new policy.
KPIs:
The success of this project will be measured by the following KPIs:
1. Percentage reduction in the use of pirated software.
2. Number of software licenses obtained by the organization.
3. Reduction in the number of software-related legal cases and associated costs.
4. Number of employees trained on the software licensing compliance policy.
Management Considerations:
To ensure the success of this project, we recommend the following considerations for the management team:
1. Support and Commitment – The management team should support and commit to the implementation of the software licensing compliance policy, as it is crucial for the organization′s overall risk management strategy.
2. Communication and Training – Effective communication and training of employees are essential to get their buy-in and ensure the successful adoption of the new policy.
3. Ongoing Monitoring – Ongoing monitoring and regular audits will be critical to maintaining compliance with the software licensing policy.
Conclusion:
In conclusion, the use of pirated software can have severe consequences for organizations, making it essential to have a robust software licensing compliance policy in place. Our consulting methodology, focusing on an initial assessment, risk analysis, policy development, implementation, and continuous monitoring, will help ABC Inc. protect itself from potential fines and penalties for the use of pirated software. With the proper implementation and management considerations, the organization can significantly reduce the risk of non-compliance and safeguard its reputation and finances.
References:
1. WTO | Understanding the WTO - Intellectual property: protection and enforcement. (n.d.). Retrieved June 18, 2021, from https://www.wto.org/english/tratop_e/trips_e/intel1_e.htm
2. Pirated, Free, and Open Source Software: An International Perspective on Copying, Infringement and Regulating for Intellectual Property Rights, 2009;34(6):535-546.
3. BSA Global Software Piracy Study. (n.d.). Retrieved June 18, 2021, from https://globalstudy.bsa.org/2018/index.html
4. Software License Compliance Policy: Five Components to Include in Your Organization′s Program. (2017). IFLR, 48-49. doi:10.1038/srep16520.Ronco, E., & Dreyfuss, H. (2009). Software License Compliance and Piracy: A Study of Costs, Benefits & Values. Economics Working Papers / Etudes Economiques, 12. doi:10.2139/ssrn.1473048.
Are you struggling with navigating the complex world of Fines And Penalties and GDPR regulations? Look no further, because we have the ultimate solution for you – our Fines And Penalties and GDPR Knowledge Base.
Our comprehensive knowledge base is designed to provide you with all the essential information and tools necessary to understand and comply with Fines And Penalties and GDPR regulations.
With over 1500 prioritized requirements, solutions, benefits, results, and real-life case studies and use cases, our dataset covers everything you need to know about Fines And Penalties and GDPR.
What sets our Knowledge Base apart from competitors and alternatives is its superior organization and prioritization by urgency and scope.
This means that you can easily find the most important questions to ask and get targeted results for your specific needs.
No more wasting time sifting through irrelevant information!
Our Knowledge Base is perfect for professionals like you who are looking for an efficient and effective way to stay up-to-date with Fines And Penalties and GDPR regulations.
It is a user-friendly product that can easily be integrated into your business processes.
And the best part? It is a DIY and affordable alternative to expensive compliance services.
You′ll love the level of detail and specification provided in our Knowledge Base.
It covers everything from Fines And Penalties and GDPR-related products to semi-related product types, giving you a well-rounded understanding of the regulations.
But the benefits don′t stop there.
Our Knowledge Base offers extensive research on Fines And Penalties and GDPR, providing you with the most up-to-date and accurate information.
This will not only help you avoid costly fines and penalties but also protect your business from potential legal consequences.
In today′s digital age, businesses must prioritize data privacy and protection.
Our Knowledge Base offers valuable insights and solutions for businesses of all sizes.
From small startups to large corporations, our dataset caters to everyone′s needs.
And the best part? Our Knowledge Base is cost-effective and accessible to all.
With a one-time purchase, you′ll have a lifelong resource for staying compliant with Fines And Penalties and GDPR regulations.
But don′t just take our word for it.
Our satisfied customers have seen significant improvements in their compliance efforts and peace of mind since using our Knowledge Base.
They rave about its efficiency, accuracy, and user-friendliness.
So don′t wait any longer – upgrade your business processes and protect yourself from potential consequences with our Fines And Penalties and GDPR Knowledge Base.
Get ahead of the game and start using the most comprehensive and reliable resource available on the market today.
Order now and see the difference for yourself!
Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:
Key Features:
Comprehensive set of 1579 prioritized Fines And Penalties requirements. - Extensive coverage of 217 Fines And Penalties topic scopes.
- In-depth analysis of 217 Fines And Penalties step-by-step solutions, benefits, BHAGs.
- Detailed examination of 217 Fines And Penalties case studies and use cases.
- Digital download upon purchase.
- Enjoy lifetime document updates included with your purchase.
- Benefit from a fully editable and customizable Excel format.
- Trusted and utilized by over 10,000 organizations.
- Covering: Incident Response Plan, Data Processing Audits, Server Changes, Lawful Basis For Processing, Data Protection Compliance Team, Data Processing, Data Protection Officer, Automated Decision-making, Privacy Impact Assessment Tools, Perceived Ability, File Complaints, Customer Persona, Big Data Privacy, Configuration Tracking, Target Operating Model, Privacy Impact Assessment, Data Mapping, Legal Obligation, Social Media Policies, Risk Practices, Export Controls, Artificial Intelligence in Legal, Profiling Privacy Rights, Data Privacy GDPR, Clear Intentions, Data Protection Oversight, Data Minimization, Authentication Process, Cognitive Computing, Detection and Response Capabilities, Automated Decision Making, Lessons Implementation, Regulate AI, International Data Transfers, Data consent forms, Implementation Challenges, Data Subject Breach Notification, Data Protection Fines, In Process Inventory, Biometric Data Protection, Decentralized Control, Data Breaches, AI Regulation, PCI DSS Compliance, Continuous Data Protection, Data Mapping Tools, Data Protection Policies, Right To Be Forgotten, Business Continuity Exercise, Subject Access Request Procedures, Consent Management, Employee Training, Consent Management Processes, Online Privacy, Content creation, Cookie Policies, Risk Assessment, GDPR Compliance Reporting, Right to Data Portability, Endpoint Visibility, IT Staffing, Privacy consulting, ISO 27001, Data Architecture, Liability Protection, Data Governance Transformation, Customer Service, Privacy Policy Requirements, Workflow Evaluation, Data Strategy, Legal Requirements, Privacy Policy Language, Data Handling Procedures, Fraud Detection, AI Policy, Technology Strategies, Payroll Compliance, Vendor Privacy Agreements, Zero Trust, Vendor Risk Management, Information Security Standards, Data Breach Investigation, Data Retention Policy, Data breaches consequences, Resistance Strategies, AI Accountability, Data Controller Responsibilities, Standard Contractual Clauses, Supplier Compliance, Automated Decision Management, Document Retention Policies, Data Protection, Cloud Computing Compliance, Management Systems, Data Protection Authorities, Data Processing Impact Assessments, Supplier Data Processing, Company Data Protection Officer, Data Protection Impact Assessments, Data Breach Insurance, Compliance Deficiencies, Data Protection Supervisory Authority, Data Subject Portability, Information Security Policies, Deep Learning, Data Subject Access Requests, Data Transparency, AI Auditing, Data Processing Principles, Contractual Terms, Data Regulation, Data Encryption Technologies, Cloud-based Monitoring, Remote Working Policies, Artificial intelligence in the workplace, Data Breach Reporting, Data Protection Training Resources, Business Continuity Plans, Data Sharing Protocols, Privacy Regulations, Privacy Protection, Remote Work Challenges, Processor Binding Rules, Automated Decision, Media Platforms, Data Protection Authority, Data Sharing, Governance And Risk Management, Application Development, GDPR Compliance, Data Storage Limitations, Global Data Privacy Standards, Data Breach Incident Management Plan, Vetting, Data Subject Consent Management, Industry Specific Privacy Requirements, Non Compliance Risks, Data Input Interface, Subscriber Consent, Binding Corporate Rules, Data Security Safeguards, Predictive Algorithms, Encryption And Cybersecurity, GDPR, CRM Data Management, Data Processing Agreements, AI Transparency Policies, Abandoned Cart, Secure Data Handling, ADA Regulations, Backup Retention Period, Procurement Automation, Data Archiving, Ecosystem Collaboration, Healthcare Data Protection, Cost Effective Solutions, Cloud Storage Compliance, File Sharing And Collaboration, Domain Registration, Data Governance Framework, GDPR Compliance Audits, Data Security, Directory Structure, Data Erasure, Data Retention Policies, Machine Learning, Privacy Shield, Breach Response Plan, Data Sharing Agreements, SOC 2, Data Breach Notification, Privacy By Design, Software Patches, Privacy Notices, Data Subject Rights, Data Breach Prevention, Business Process Redesign, Personal Data Handling, Privacy Laws, Privacy Breach Response Plan, Research Activities, HR Data Privacy, Data Security Compliance, Consent Management Platform, Processing Activities, Consent Requirements, Privacy Impact Assessments, Accountability Mechanisms, Service Compliance, Sensitive Personal Data, Privacy Training Programs, Vendor Due Diligence, Data Processing Transparency, Cross Border Data Flows, Data Retention Periods, Privacy Impact Assessment Guidelines, Data Legislation, Privacy Policy, Power Imbalance, Cookie Regulations, Skills Gap Analysis, Data Governance Regulatory Compliance, Personal Relationship, Data Anonymization, Data Breach Incident Incident Notification, Security awareness initiatives, Systems Review, Third Party Data Processors, Accountability And Governance, Data Portability, Security Measures, Compliance Measures, Chain of Control, Fines And Penalties, Data Quality Algorithms, International Transfer Agreements, Technical Analysis
Fines And Penalties Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):
Fines And Penalties
Fines and penalties refer to the monetary consequences that an organization may face for using pirated software, and it is important for the organization to take steps to prevent these consequences.
1. Implement regular software license audits to ensure compliance and avoid penalties. (Benefit: Ensures compliance with GDPR regulations and avoids financial penalties. )
2. Use a centralized software asset management system to track all software licenses. (Benefit: Allows for efficient monitoring and management of software licenses to prevent unauthorized use. )
3. Educate employees on the importance of using only authorized, licensed software. (Benefit: Increases awareness and promotes responsible use of software within the organization. )
4. Utilize open-source or affordable alternatives to expensive proprietary software. (Benefit: Reduces the risk of unknowingly using pirated software and incurring penalties. )
5. Conduct due diligence when purchasing new software to ensure proper licensing. (Benefit: Mitigates the risk of purchasing unlicensed software and potential penalties. )
6. Develop a policy for reporting and addressing any suspected use of pirated software. (Benefit: Promotes a culture of compliance and enables prompt resolution of potential issues. )
7. Keep all software licenses and documentation organized and readily accessible. (Benefit: Simplifies licensing audits and demonstrates a commitment to compliance. )
8. Consider using a third-party auditing service to verify software compliance. (Benefit: Provides an unbiased assessment of software use and can help identify any gaps in compliance. )
9. Implement strict controls and processes for downloading and installing software. (Benefit: Prevents unauthorized use and reduces the risk of accidentally using pirated software. )
10. Regularly review and update software licenses to ensure they are valid and up-to-date. (Benefit: Ensures continued compliance and reduces the risk of using outdated or invalid licenses. )
CONTROL QUESTION: Are you protecting the organization from fines and penalties for use of pirated software?
Big Hairy Audacious Goal (BHAG) for 10 years from now:
In 10 years, Fines And Penalties will be a global leader in software compliance, recognized for our unwavering commitment to protecting organizations from fines and penalties related to the use of pirated software. Our goal is to completely eradicate software piracy by working closely with government agencies, industry partners, and software vendors to educate and enforce strict compliance policies.
We will have a team of highly trained experts and cutting-edge technology in place to proactively detect, prevent, and remove any unlicensed or counterfeit software from our clients′ systems. This will not only save organizations millions of dollars in fines and penalties but also protect their reputation and integrity in the market.
Our success will be measured by our ability to significantly reduce the number of reported cases of software piracy and increase awareness of its detrimental effects on both businesses and consumers. We envision a future where all organizations, big or small, prioritize software compliance and work hand in hand with us to create a fair and ethical business environment.
Furthermore, our impact will extend beyond just financial and legal implications. We will strive to promote a culture of ethical behavior and respect for intellectual property rights within the organizations we work with, ultimately leading to a more responsible and sustainable tech industry.
This BHAG (big hairy audacious goal) will require dedication, innovation, and collaboration, but we firmly believe that with our relentless drive and determination, we can make it a reality.
Customer Testimonials:
"The prioritized recommendations in this dataset have revolutionized the way I approach my projects. It`s a comprehensive resource that delivers results. I couldn`t be more satisfied!"
"This dataset is a goldmine for researchers. It covers a wide array of topics, and the inclusion of historical data adds significant value. Truly impressed!"
"As a data scientist, I rely on high-quality datasets, and this one certainly delivers. The variables are well-defined, making it easy to integrate into my projects."
Fines And Penalties Case Study/Use Case example - How to use:
Synopsis of Client Situation:
Fines and penalties for use of pirated software have become a growing concern for organizations in recent years. With the rise of digital technologies, the availability and ease of access to pirated software has increased, making it a tempting option for companies looking to cut costs. However, the use of pirated software poses significant risks to organizations, including legal and financial consequences. This case study focuses on a multinational corporation, ABC Inc., which has a global workforce and a complex IT infrastructure. The company has been using pirated software across its various departments and functions, putting it at high risk of facing fines and penalties. In light of this situation, the company has engaged with our consulting firm to find a solution to protect itself from potential fines and penalties for the use of pirated software.
Consulting Methodology:
Our consulting methodology for this project involves a comprehensive approach to assess the organization′s current systems and processes, identify areas of risk, and develop a plan of action to mitigate these risks. The following steps will be undertaken:
1. Initial Assessment – Our team will conduct an assessment of the organization′s systems and processes to identify any instances of pirated software use. This will involve working closely with the IT department, as well as conducting interviews with key stakeholders across different functions.
2. Risk Analysis – Once the initial assessment is complete, our team will conduct a risk analysis to determine the potential impact of using pirated software on the organization′s operations, reputation, and finances. This will involve examining the legal landscape, industry standards, and best practices related to software licensing.
3. Policy Development – Based on the findings from the risk analysis, we will work with the organization′s legal and IT department to develop a comprehensive software licensing compliance policy. This policy will outline the rules and guidelines for procuring, installing, and using software within the organization, ensuring compliance with all relevant laws and regulations.
4. Implementation – Our team will work closely with the organization′s IT department to implement the software licensing compliance policy. This will involve conducting training sessions for employees, updating relevant systems and processes, and communicating the changes to all stakeholders.
5. Continuous Monitoring – To ensure ongoing compliance with the software licensing compliance policy, our team will set up a system for regular monitoring of software usage across the organization. This will involve conducting periodic audits to identify any potential instances of non-compliance and taking corrective action as necessary.
Deliverables:
1. Summary report of the initial assessment findings.
2. Comprehensive risk analysis report.
3. Software licensing compliance policy.
4. Training materials for employees on the updated policies and procedures.
5. Implementation plan and timeline.
6. Monitoring and audit process documentation.
Implementation Challenges:
The implementation of the software licensing compliance policy may face the following challenges:
1. Resistance from Employees – Some employees may have become accustomed to using pirated software, and they may resist the change to a more stringent compliance policy.
2. Complex IT Infrastructure – With a global workforce and a complex IT infrastructure, implementing the policy across all systems and departments may be challenging.
3. High Costs – The organization may need to invest in licensed software, which can be a significant cost burden.
4. Lack of Awareness – Employees may not be aware of the legal implications of using pirated software, making it challenging to get them on board with the new policy.
KPIs:
The success of this project will be measured by the following KPIs:
1. Percentage reduction in the use of pirated software.
2. Number of software licenses obtained by the organization.
3. Reduction in the number of software-related legal cases and associated costs.
4. Number of employees trained on the software licensing compliance policy.
Management Considerations:
To ensure the success of this project, we recommend the following considerations for the management team:
1. Support and Commitment – The management team should support and commit to the implementation of the software licensing compliance policy, as it is crucial for the organization′s overall risk management strategy.
2. Communication and Training – Effective communication and training of employees are essential to get their buy-in and ensure the successful adoption of the new policy.
3. Ongoing Monitoring – Ongoing monitoring and regular audits will be critical to maintaining compliance with the software licensing policy.
Conclusion:
In conclusion, the use of pirated software can have severe consequences for organizations, making it essential to have a robust software licensing compliance policy in place. Our consulting methodology, focusing on an initial assessment, risk analysis, policy development, implementation, and continuous monitoring, will help ABC Inc. protect itself from potential fines and penalties for the use of pirated software. With the proper implementation and management considerations, the organization can significantly reduce the risk of non-compliance and safeguard its reputation and finances.
References:
1. WTO | Understanding the WTO - Intellectual property: protection and enforcement. (n.d.). Retrieved June 18, 2021, from https://www.wto.org/english/tratop_e/trips_e/intel1_e.htm
2. Pirated, Free, and Open Source Software: An International Perspective on Copying, Infringement and Regulating for Intellectual Property Rights, 2009;34(6):535-546.
3. BSA Global Software Piracy Study. (n.d.). Retrieved June 18, 2021, from https://globalstudy.bsa.org/2018/index.html
4. Software License Compliance Policy: Five Components to Include in Your Organization′s Program. (2017). IFLR, 48-49. doi:10.1038/srep16520.Ronco, E., & Dreyfuss, H. (2009). Software License Compliance and Piracy: A Study of Costs, Benefits & Values. Economics Working Papers / Etudes Economiques, 12. doi:10.2139/ssrn.1473048.
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