Every business owner should know that most employees see nothing wrong with removing confidential data from the office, and about half take this information to their next job. Not all of this data transfer is malicious. Yet every time an employee transfers company trade secrets to a smart phone, tablet or personal email account, the integrity of your data is vulnerable.
Employees email business documents to their home computers via personal email accounts. Most likely, their intention is to complete work at home or while traveling, but such a transfer compromises the safety of:
Other confidential data
Many employees acknowledged that their companies had policies restricting transfer of company documents, but that these policies remained unenforced and therefore were perceived as unimportant. After the company data was transferred to personal devices, it was rarely erased, because it took too much time, or no one knew security had been breached, or there was no policy requiring such action.
Data theft is costly, and businesses need to protect themselves from both malicious as well as inadvertent information breaches. Employees need to be educated to fully understand how important trade secrets are to the viability of your company.
Since June 3, 2011, the trade secrets of businesses in Puerto Rico may be entitled to protection under the Puerto Rico Trade Secrets Protection Act.
Posted in Business Law
Tagged intellectual property, marketing, sales projections, trade secrets