How to Keep Company Information Confidential [Video Blog]

Posted on Jun 22, 2017 7:00:00 AM

Maintaining the confidentiality of valuable company information--such things as customer lists, trade secrets, and other proprietary data--can be a challenge, both during the course of an individual's employment and after an employee leaves the company.

To help ensure that confidential information remains just that, and to discourage former employees from using knowledge gained at your firm to the advantage of another employer, you may consider requiring that certain employees sign agreements.

These fall into 3 specific areas:

1. Non-competition agreements, which prohibit them from working for a competitor or engaging in activities that compete with your business
2. Non-solicitation agreements, which prohibit luring your customers or other employees to a competing business; and
3. Confidentiality agreements, which prohibit disclosing confidential information to anyone outside the company or anyone within the company who is not authorized to receive the information.

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