Lawsuit
The company can also initiate lawsuits against such employees who have leaked confidential information about the company to any other person or the company. This information of the company is the trade secrets of the company and because of that, only the business of the company is flourishing. If such information is handed over to the rival companies, then they have to face serious loss and because of that, only the company has the option to file a lawsuit against the person who has leaked confidential information about the company.
Consequences of Breach of Confidentiality
Confidentiality is the term that is used when any particular information is kept secret from other people and is only used by the person who has that particular information. It is frequently used in companies when the company gives their employee certain confidential information that is required for that employee to do their work. In this, a person or a company tells some information to the other person and that person who receives that information has to keep that information to himself only. If in case that person passes on that information to any other person then it will be a case of Breach of Confidentiality. The concept of confidentiality is used in many professions such as medicine, law, psychological counseling, religious beliefs, and journalism.
Confidential information is any personal personnel information that is shared with someone, a group of people, or any organization. This information is very crucial to execute the agreement between the parties. The simplest example of confidential information is when a patient tells about his medical condition to his doctor. It is the job of the doctor to keep this information only to himself and treat the patient. It is a requirement by law that the doctors must keep all this information confidential to themselves only. The patient can take action against doctors if they pass on this information to anyone without their consent. Other than this, any trade secret, business plans of the company, intellectual property, and judicial information all are part of confidential information. This information must be kept safe by the person who has given such information to the other person.
Table of Content
- Confidentiality in a Contract
- Consequences of Breach of Confidentiality
- 1. Termination
- 2. Lawsuit
- 3. Criminal Charges
- 4. Reputations
- Conclusion