In today’s world of high-paced technology, companies face greater challenges than ever in protecting their confidential and proprietary information. Employees are more mobile than ever—and so is every employer’s sensitive information.
Companies expend substantial time and resources to develop their products, services and marketing methods, as well as to cultivate customer relationships. Because a company has a legitimate interest in protecting those investments, there are steps it must take to maintain the secrecy of that information. When an employee wrongfully acquires, uses or discloses an employer’s confidential information, it can cause significant damage to the company’s competitive advantage. Although an employer may respond with legal action, such recourse can be costly, time-consuming, and distracting to the company’s day-to-day business. Thus, employers should focus on steps to secure their sensitive information to prevent its compromise.
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