The IT Law Wiki
The IT Law Wiki

Definition[]

Confidential information is information to which access is limited to only those with a business need to know, and that could compromise a system, data file, application, or other business function if inappropriately disclosed.

Overview[]

Depending on the circumstances, confidential information may include some or all of the following: business plans, products, technical data, specifications, documentation, rules and procedures, contracts, presentations, know-how, product plans, business methods, product functionality, services, data, customer lists, vendor lists, markets, competitive analysis, databases, formats, methodologies, applications, developments, inventions, processes, payment, delivery and inspection procedures, designs, drawings, algorithms, formulas, or information related to engineering, marketing, or finance.

Unauthorized access to or modification of confidential information may result in direct, materially negative impacts on the finances, operations, or reputation of the person or the institution.

See also[]