You’ve worked hard for many years to establish your business and its reputation. Your company functions on the basis of using unique methods, technology and processes. In other words, your trade secrets are very important to you.
If your trade secrets fall into the wrong hands it can do substantial damage to your company and your rivals can gain the upper hand. Ideally, you want to prevent this from happening, and if it does, you need to take swift measures. Outlined below are a few important things to consider.
Malice is not always present
In modern times, information can be sent instantaneously across the globe at the click of a button. In a fast-paced working environment it’s very easy to make mistakes. An employee who has access to trade secrets may add the wrong email address and click send. The consequence of this is that sensitive information can end up public and ultimately land in the wrong hands. To prevent this, it may be worth only providing access to limited employees. Is it necessary for your entire team to know your trade secrets? If it is, then be sure to emphasize how important it is to keep this information contained. Training days and employee handbooks are just some tools you may want to consider.
Leaks based on revenge
You do your best to ensure that your team is happy. Sadly, this isn’t always enough. A worker may feel aggrieved because they didn’t land a promotion, despite not being qualified. They’ve gone to a rival firm for an interview and have taken secretive information with them with the purpose of sharing it.
Protect yourself legally
Through legal contracts, there are a number of ways that you can protect your business from leaks. Seeking some legal guidance on the matter will benefit you greatly.