Is Taking Your Rolodex With You When You Quit Intellectual Property Theft?

from the um.--no. dept

A fear-mongering report coming out the UK is warning companies that employees are stealing a tremendous amount of intellectual property from companies as they leave, costing those companies billions each year. I always wonder about these types of studies, as it's very difficult to justify the numbers they give, and are usually generated by making a bunch of questionable assumptions and multiplying. However, the details in this case are even worse. The main "intellectual property" being stolen? The employee's own addressbook. Now, if you ask most employees, I'd bet they feel that their contacts are their's, not the company's anyway. However, the company that did this study says that's not true, and your addressbook is actually a "corporate secret". And people wonder why employees these days are using alternate email systems from the one their company tells them to use.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  • identicon
    Eternity, 20 Feb 2004 @ 4:43pm

    billions

    by their reasoning companies would save billions if they would keep people from quitting.

    link to this | view in chronology ]

  • identicon
    Precision Blogger, 23 Feb 2004 @ 11:12am

    Address book: IP?

    Please bear in mind that for at least 40 years, a salesman's list of contacts has been a TEXTBOOK example of company property that an employee cannot take away from the company. The sales person may have created all the contacts, but absent a specific contract term to the contrary, this IS company IP.


    - The Precision Blogger
    http://precision-blogging.blogspot.com

    link to this | view in chronology ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.