Intellectual property (IP) in IT covers the legal rights protecting digital innovations, software, and technological creations. Copyright safeguards software code, databases, websites, and digital content, preventing unauthorized copying or distribution. Patents protect novel inventions, such as unique algorithms, hardware designs, and software processes, granting exclusive rights to their creators. These protections encourage innovation by ensuring that developers and companies benefit from their work while promoting ethical practices in the digital world. However, challenges like software piracy, open-source licensing, and patent disputes raise ethical and legal concerns, making IP management crucial in the IT industry.