CRM Data as a Trade Secret: Are You Protecting Your Most Valuable Asset?
Email addresses and phone numbers are generally readily available so they cannot be trade secrets.
But non-public insights such as customer preferences, buying behaviour, pricing history, internal notes, and strategic relationship information, could qualify.

Under UK and international trade secret laws information qualifies as a trade secret if it:
– Is not generally known or readily accessible to others
– Has commercial value because it is secret
– Is subject to reasonable steps to keep it confidential
CRM data may well qualify if it meets the above criteria
So how do you protect your CRM data using trade secrets?
– Classify the data
– Restrict access
– Use contracts
– Train your team
– Audit and monitor
Your CRM data gives you a competitive advantage, but is it a trade secret?
How are you protecting your CRM data? Are your trade secrets safe?
Drop your thoughts or questions in the comments.
TradeSecrets #CRM #DataProtection #BusinessStrategy #IntangibleAssets #IPStrategy #SMEs #InformationSecurity #CustomerData #CompetitiveAdvantage #B2B #InnovationProtection
Leave a Reply