Business and Confidentiality – The Trade Secrets
From hundreds of years, CONFIDENTIAL informational has shaped the World, sometime for good and sometime for bad. E.g. During World War II, the information about the wars were floating openly into the air was easy to listen on any radio receiver but the tricky part of it was all messages were encrypted using a device called Enigma. Everyone can listen it but only person with Enigma device and security settings can decrypt and understand the messages. The Enigma was developed and used in the early-to mid-20th century to protect commercial, diplomatic and military communication. It was extensively used by Nazi during World War II. You can download and use Enigma app from play store. Here’s the picture below of original Enigma machine –
But, there was Alan Turing, a mathematician, computer scientist, logician, cryptanalyst, philosopher and theoretical biologist who decrypted Enigma using a machine called Turing Machine he developed at Bletchley Park in World War II. Turing cracked the intercepted coded messages that helped to defeat Nazi. Turing Machine are now being taught in Engineering colleges.
In today’s world, our computers and devices are itself much more than Enigma. Most business messages like employee information, management information and business information are now stored on the internet. Breach of security means loss in business in one or the other way.
Every networking device like our computer, smartphones and IoTs required to encrypt data before it transmit it to the next device. And each of these data must be stored securely so that only person with authorized access could access the data. Only 16% of data on the internet are indexed by Google, rest of the data are lie under deep and dark web (Read: Surface, Deep and Dark Web – Secrets of Internet).
Confidential Business information are generally called Trade Secrets or Proprietary Information. These information like manufacturing process and methods, business plans, financial data, budgets and forecasts, computer program and data compilation, client/customer lists, ingredient formulas and recipes, membership or employee lists, supplier lists, etc. must be protected and kept secret.
The businesses these days are protecting their information by developing well written confidentiality policies and procedures describing both the type of information considered confidential and the procedures employees must follow for protecting confidential information.
We at Balraj Software (www.BalrajSoftware.com) develop secure and seamless information system for our clients which helps them to store data securely as well as generate multiple reports from these data as per needs. If you have such need of managing confidentiality then we develop computer management information system, providing free consultancy before you opt for the services. We are already providing our services to top companies in North India to global startups in the field of education, healthcare and agriculture funded and supported by IITs, YSI Global and UNCDP.