Remote work, 10 recommendations to secure your company’s secrets
As companies have transited to remote work due to the Covid-19 pandemic, future workplace scenarios are still unclear. However, the safeguard of trade secrets is a key point to take into account. Four experts – Shannon Murphy partner at Winston & Strawn, Mark Clews and Luke Tenery, senior managing directors at Ankura and John Stark, a managing director at Ankura – have written a commentary on this topic for Law.com.
We summarize their ten recommendation companies should follow:
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Companies should deploy a learning trade-secret training program, and not just a cursory section in employee on-boarding.
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Technical controls should be used to limit access to information on a need-to-know basis and should be audited periodically.
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Employees should be reminded of their obligations and companies should require a re-affirmation of employee compliance.
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As for free cloud-based storage or collaboration tools, companies should have policies and training on the use of free platforms, restrict unapproved programs on corporate devices.
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As for video-conferencing, employees should be educated to regularly change meeting passwords and activating waiting rooms.
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Companies need to clearly articulate protocols for third-party sharing.
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Companies should have security policies with minimum requirements for employees’ personal devices and Wi-Fi settings.
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Companies should review “clean desk” policies and bolster them to apply to remote-work scenarios, including discouraging printing trade-secret documents and providing istructions fro destruction.
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Companies should prepare a plan, in concert with HR, IT, and business managers, to ensure prompt collection and termination of access, ideally before any termination occurs.
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Companies should use monitoring technologies to flag, in real time, behavior that violates established rules and detect cyber threats.