Confidentiality risk management guide
Produced in partnership with Ishika Patel of Lawyers on Demand

The following Risk & Compliance practice note produced in partnership with Ishika Patel of Lawyers on Demand provides comprehensive and up to date legal information covering:

  • Confidentiality risk management guide
  • Why you need to manage this risk
  • Top five priorities
  • 1. Employee integrity
  • Employee integrity—mini action list
  • 2. Information security
  • Information security—mini action list
  • 3. Written contracts
  • Written contracts—mini action list
  • 4. Policies
  • More...

Confidentiality risk management guide

Why you need to manage this risk

Confidential information is one of the most valuable assets of any business. Confidentiality is frequently the best way of protecting trade secrets and valuable know-how where these are not otherwise adequately protected by intellectual property rights, or where using the protection of intellectual property rights is unattractive for commercial reasons. Breach of confidentiality can directly cause the loss of a key business asset and/or business disruption.

Examples of items which might be considered confidential within a business include:

  1. commercial records such as price lists, customer lists, details of customers, suppliers, business partners and relationships with regulators or other third parties

  2. unpublished copyright works

  3. mathematical formulae and manufacturing techniques, processes, designs, drawings and engineering

  4. secure codes and algorithms

  5. personal employee information such as compensation arrangements, benefits, hours or work etc

  6. confidential information about your employees (eg performance review information, information and sickness records)

  7. hardware configuration information

  8. plans, sketches and diagrams

  9. software, developments, inventions

  10. any information relating to the company’s current or anticipated business or research and development regarding its products and services and markets for such products and services

  11. marketing, finance or other business information

  12. know-how relating to the production of its products or delivery of its services

It is not just your own information you have to keep confidential. There is also the information of your

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