Cross the T
  • Home
  • Tania White: Legal & Business
  • Barry White: Finance & business
  • Company secretarial services
  • Business planning
  • Blog
  • Contact

Are you adequately protecting your confidential information?

5/10/2019

0 Comments

 
Adequate protection of confidential information is an absolute must for SMEs as that information is so often one of the business' best assets.
The first question for businesses is “what is our confidential information”?
Often, confidential information will include client lists, your financials (including your margins), your design and methodology, ‘secret’ ingredients, contracting arrangements and proposed business takeovers/mergers.
The next question for your business is “how can we protect that confidential information”?
There are a range of legal and practical mechanisms that businesses can and should implement to protect their information, which is often one of their key assets.
These mechanisms include:
  • an appropriately drafted confidentiality agreement (also known as a non-disclosure agreement);
  • inclusion of appropriate confidentiality obligations in all employment agreements and independent contracting agreements; and
  • adopting practical measures such as distributing certain information on a strict "need-to-know" basis or requiring recipients of certain information to only access that information via secure networks or premises.
Want to know more? Ask us about our FREE 15 MINUTE TELEPHONE CONSULTATION today.
0 Comments



Leave a Reply.

    Author

    Tania White, owner and principal lawyer of Cross the T

    Archives

    September 2020
    August 2020
    July 2020
    March 2020
    February 2020
    November 2019
    October 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019

    Categories

    All
    Business Consultancy
    Legal Advice
    Newsletters

    RSS Feed

Proudly powered by Weebly
Photo used under Creative Commons from Matt From London
  • Home
  • Tania White: Legal & Business
  • Barry White: Finance & business
  • Company secretarial services
  • Business planning
  • Blog
  • Contact