ARTICLE · 14 DECEMBER 2016

Employers: how do you prevent employees from misusing confidential information?

Madgwicks

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"An ounce of prevention is worth a pound of cure" is certainly true when protecting confidential information from misuse.

AustraliaEmployment and HR

The saying "an ounce of prevention is worth a pound of cure" certainly rings true when it comes to protecting an employer's confidential information from misuse.

In brief: The saying "an ounce of prevention is worth a pound of cure" certainly rings true when it comes to protecting an employer's confidential information from misuse. Confidential information can be one of the more valuable assets of a business and often, once the information is misused, the damage is already done. As such, it is important for employers to implement proactive measures at the 'front end' to prevent the misuse of confidential information at the 'back end'.

WHAT YOU NEED TO KNOW

Misuse of confidential information can lead to loss of competitive advantage, impact upon client/customer relationships, financial loss, and/or privacy implications.

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