Trade Secrets In The Cloud: Fragility Of Confidentiality
- IJLLR Journal
- 17 minutes ago
- 1 min read
Lemuela Mary. J, Saveetha School of Law
Mohan Raj. S, Saveetha School of Law
ABSTRACT
An important question is raised by the relationship between corporate ethics and transparency issues in trade secret matters, especially when the topic of Alternative Dispute Resolution (ADR) is involved: Should businesses choose to be more transparent when their legal position must be kept secret? Given the ongoing risk of information being handled improperly, the theme of this posting is how businesses can maintain their competitive edge while remaining accountable and moral.
Important items to keep private: strong security and confidentiality agreements safeguard trade secrets. However, it is more difficult to describe the ethical aspect of this. Even when businesses are legally permitted to withhold information, they must consider how keeping information private may impact their stakeholders, staff, and public confidence.
Generally speaking, confidentiality is crucial in Alternative Dispute Resolution (ADR). However, being morally upright is also beneficial. A business can improve its reputation and win over more people's trust by disclosing information that is important to the public in an ethical manner and considering those who make accusations of whistleblowing. Businesses will need to do more than simply follow the rules in the cloud computing world of today, where maintaining confidentiality is more challenging than ever. Being open and truthful should also be a component of their plan and the moral thing to do. In addition to helping businesses strategically and ethically, this will put them in a better position to be trusted and seen as credible.
Keywords: Artificial Intelligence, Intellectual Property, Data Protection, Inventorship, Patentability, Technology, Compulsory Licensing
