How easy is it to leak business secrets in a competitive marketplace?

category:Finance
 How easy is it to leak business secrets in a competitive marketplace?


Business secrets depend on employees and need to be implemented to play a role. But because of the mobility of people, these secrets can easily flow out with them.

Because as long as people who have contacted trade secrets leave their jobs and work in the same type of company, there are potential risks to trade secrets. Even if a former employee vows that he will not divulge the information, it is hard to avoid it in the process of working (the same type of work). The U.S. courts have introduced a principle of prior economic injunction, the principle of non-disclosure. Enterprises may apply to the court to prohibit employees from working for their competitors in the same field after leaving their jobs. Of course, this principle does not apply to all people in the company, only senior technical staff and managers. When applying for a ban, companies must also prove that trade secrets do exist. At present, Chinas protection of trade secrets is still limited to the post-protection stage, that is, to find infringements and take measures to safeguard rights. The company can only rely on the confidentiality agreement between the two parties to ensure the departure of staff, but the role is much less than the precaution. Source: Netease Financial Responsibility Editor: Yang Bin_NF4368

Of course, this principle does not apply to all people in the company, only senior technical staff and managers. When applying for a ban, companies must also prove that trade secrets do exist.

At present, Chinas protection of trade secrets is still limited to the post-protection stage, that is, to find infringements and take measures to safeguard rights. The company can only rely on the confidentiality agreement between the two parties to ensure the departure of staff, but the role is much less than the precaution.