Protecting data

Protecting data: essential for growing businesses

For startups, scale-ups, and SMEs, data is invaluable. Customer information, algorithms, business strategies, R&D research, or technical know-how form the foundation of innovation and competitive advantage. But: whose data is it? Can one own data? Without proper protection, you risk misuse, loss, or legal conflicts.

How do you protect your data?

There are various legal and practical measures to effectively protect business data:

• Trade secrets
   By keeping sensitive information confidential and implementing security measures, data can be protected under trade secret law. This requires, among other things, demonstrable confidentiality measures and non-disclosure agreements (NDAs).
• Contractual agreements
   When collaborating with external parties, it is crucial to properly document ownership, usage rights, and confidentiality. Think of a Non-Disclosure Agreement (NDA) or arrangements in a collaboration agreement.
• Technical security
   Legal protection is only effective if the technical side is also in order. Invest in access protection, encryption, and data segmentation.

Risks of insufficient protection

A data breach can lead to serious consequences:

• Reputational damage;
• Claims from customers or partners;
• Fines from regulators for violating GDPR.

Therefore, a solid approach to privacy and data compliance is not a luxury, but a necessity.

How BG.legal can assist you

Our specialists advise and guide on:

• Drafting NDAs and collaboration contracts;
• Establishing a compliant data policy;
• GDPR obligations and data security;
• Dispute resolution in case of data breaches or misuse.

Do you want to secure your data and be legally strong? Contact us.