What are we talking about? A commercial secret is information that an organization must hide to protect itself. However, this category does not include any information, but only that which, if disclosed, could cause harm.
How to organize? The introduction of a commercial secret must be documented. All employees involved must be informed under signature that they are prohibited from disclosing. It is also worth using other methods of data protection.
The article explains:
The concept of band database commercial secrets
Data that is and is not suitable for trade secrets
The Importance of Formalizing Trade Secrets
Types and methods of determining commercial secrets
Methods of protecting commercial secrets
Stages of introducing commercial secrets in a company
Signs that an employee is disclosing a trade secret
Responsibility for disclosure of commercial secrets
Case law related to commercial secrets
Mistakes in the implementation of commercial secrets in the enterprise
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The concept of commercial secrets
Organizations and individuals engaged in business activities usually have information that is important to them, which they would not like to make public and their competitors aware of.
Each of these entities independently decides what kind of information it is. It may be production secrets, business plans, security regime, etc. Such information may constitute a commercial secret of the relevant enterprise. In order for the legal mechanism of protection to apply to it, a number of documents must be properly executed.
In Russia, the Federal Law "On Commercial Secrets" is in effect. The definition of this concept is contained in the Civil Code of the Russian Federation.
A commercial secret (CS) is information that has commercial value. It is not disclosed to third parties and cannot be accessed legally. In addition, various methods are used to maintain confidentiality of such information.
A person who owns a trade secret has an important trump card. Its use can reduce risks, increase profitability, and give an advantage over competitors. It is clear that it is undesirable to provide unlimited access to such data. For example, banks have information about the credit history of their borrowers; this information can be used when deciding whether to issue them a new loan or to refuse one.
The commercial secret regime may also apply to planned promotions for goods and services. Their disclosure may lead to competitors using similar customer acquisition mechanisms and deprive the company of a significant portion of its profits.