On June 17, 2014
Non-Disclosure Agreements (NDAs) are easy to sign, but even easier to violate. Here are some ways you can help to protect your company from liabilities that arise from inadvertent disclosure.
Make It Available. Ensure that everyone in contact with client data has access to the NDA and knows its terms.
Assume It’s Confidential. When in doubt, assume that any information about a client or business partner is proprietary and not to be shared.
Consider Third Parties. The company signing the NDA is liable for disclosures made by subcontractors, vendors and other partners. Information shared with contractors and partners should only be on a need-to-know basis, and written confidentiality provisions should be part of all contracts with your own employees as well as third parties.
Training everyone in your organization on how to handle Confidential Information is key to avoid a claim for breach of an NDA — or worse, losing a customer over an inadvertent disclosure. For more information, download our Two Minute Training and share it with employees, contractors and anyone coming into contact with a customer’s Confidential Information here.