12 Apr '13, 12am

How to safeguard confidential information about your company

How to safeguard confidential information about your company

How to safeguard confidential information about your company April 12, 2013 by Guest Contributor By Huifen Zheng, legal counsel A company’s confidential information forms part of its assets. Such information includes the client base, corporate setup, and most importantly — ideas. Most startups begin with one bright spark of an idea that the team works to translate to a viable business model. But there is nothing to stop key employees or co-founders from jumping ship and trying to take confidential information with them to a new setup. How can such ideas be protected? Resorting to legal action is never cost effective and most startups simply lack the cash to pay lawyers’ fees. Here are sensible ways for managing the flow of confidential information within the company. I’ll also briefly discuss intellectual property protection at the end. 1. Ensure all founders and employees...

Full article: http://sgentrepreneurs.com/2013/04/12/how-to-safeguard-co...

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