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Employee Theft of Employer Confidential Information is Widespread

By Charles L. Post on March 7, 2013
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A recent study by Symantec shows that employee theft of employer confidential information is widespread. A summary of the survey is available at www4.symantec.com/marketinginfo/data.  The survey was conducted by a private research institute.  Some of the more alarming results of the study include:

  • Approximately 50% of the employees who left or lost their jobs in the past year kept confidential corporate data and 40% of them planned to use it at a new job.
  • Most employees do not believe using business data taken from a previous employer is wrong.  According to the study, 56% of employees do not belief it is a crime to use a competitor’s confidential business information.

There is more employers can do to make employees understand what belongs to the company and what does not.  It may be a tougher challenge to get employees to care.

Photo of Charles L. Post Charles L. Post

Chuck is a shareholder in the Firm’s Labor and Employment and Litigation groups. Chuck actively practices and litigates on behalf of employers in labor and employment, trade secrets and employee mobility, and wage and hour class actions.

Read more about Charles L. PostEmailCharles's Linkedin Profile
  • Posted in:
    Employment & Labor, Intellectual Property, Privacy and Cybersecurity
  • Organization:
    Weintraub Tobin

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