Confidential Information
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A Confidential Information is an Information that requires protection due to its sensitive nature that could cause harm or loss if disclosed.
- Context:
- It can be referenced by a Confidential Information Protection Agreement.
- ...
- Example(s):
- Trade Secrets,
- Patient Records,
- ...
- Counter-Example(s):
- See: Personally Identifiable Information, Trade Secrets, Intellectual Property, Data Privacy, Information Security, Non-Disclosure Agreement.
References
2024
- (GM-RKB ChatGPT, 2024) ⇒ Prompt: Summarize the concept Confidential Information in 1- 2 paragraphs. GM-RKB ChatGPT (model: gpt-4-1106-preview). Retrieved: 2024-01-14.
- QUOTE: Confidential information refers to any data or information, proprietary or not, that is not commonly known and where the release of that information could potentially harm an individual or an organization. This can include business strategies, customer lists, trade secrets, intellectual property, and personal details. It is often protected by legal agreements such as non-disclosure agreements (NDAs), which require the parties involved to keep the information secure and not to disclose it to third parties without proper authorization.
Organizations and individuals are expected to take reasonable steps to safeguard confidential information against unauthorized access or disclosure. The duty to protect such information typically extends until the information becomes public knowledge by legal means or the information no longer qualifies as confidential because it is outdated or irrelevant. Breaches of confidentiality can lead to legal actions, loss of trust, financial loss, and damage to reputation.
- QUOTE: Confidential information refers to any data or information, proprietary or not, that is not commonly known and where the release of that information could potentially harm an individual or an organization. This can include business strategies, customer lists, trade secrets, intellectual property, and personal details. It is often protected by legal agreements such as non-disclosure agreements (NDAs), which require the parties involved to keep the information secure and not to disclose it to third parties without proper authorization.
2018
- (Wikipedia, 2018) ⇒ https://en.wikipedia.org/wiki/Confidentiality Retrieved:2018-1-11.
- Confidentiality involves a set of rules or a promise that limits access or places restrictions on certain types of information.