Confidential Information

A Confidential Information is an information that requires protection due to its sensitive nature that could cause harm or loss if disclosed.

• Context:
  • It can typically contain Sensitive Data that requires confidential information protection measures.
  • It can typically be governed by Confidential Information Protection Agreements with confidentiality obligations.
  • It can typically be classified into Confidential Information Categories based on confidentiality levels.
  • It can typically be marked with Confidentiality Labels for proper confidential information handling.
  • It can typically be accessed only by Authorized Personnel with proper confidential information access rights.
  • It can typically be subject to Data Privacy Laws within specific confidential information regulatory frameworks.
  • ...
  • It can often be stored in Secure Systems with confidential information encryptions.
  • It can often be transmitted through Secure Channels with confidential information protection protocols.
  • It can often be subject to Confidentiality Breach Risks requiring confidential information security measures.
  • It can often be audited through Confidentiality Compliance Processes to ensure confidential information protection standards.
  • It can often be restricted by Time Limitations defining confidentiality periods.
  • ...
  • It can range from being a Low Sensitivity Confidential Information to being a High Sensitivity Confidential Information, depending on its potential damage impact.
  • It can range from being a Temporarily Confidential Information to being a Permanently Confidential Information, depending on its confidentiality duration requirement.
  • It can range from being a Narrowly Restricted Confidential Information to being a Broadly Restricted Confidential Information, depending on its disclosure limitation scope.
  • ...
  • It can be subjected to Confidentiality Obligations for confidential information protection purposes.
  • It can be protected through Confidentiality Agreements for confidential information misuse prevention.
  • It can be disclosed under Confidentiality Exception Circumstances when required by confidential information disclosure legal mandates.
  • It can be managed within Confidential Information Lifecycle including confidential information creation, confidential information usage, confidential information sharing, and confidential information destruction.
  • It can be associated with Confidentiality Liability for confidential information breach consequences.
• Examples:
  • Business Confidential Informations, such as:
    • Trade Secrets, such as:
      • Proprietary Formula for product development.
      • Manufacturing Process Secret for production efficiency.
      • Business Strategy Document for competitive advantage.
    • Business Financial Confidential Informations, such as:
      • Unreleased Financial Report for investor relation.
      • Merger Negotiation Document for business transaction.
      • Pricing Strategy Document for market positioning.
  • Personal Confidential Informations, such as:
    • Health-Related Confidential Informations, such as:
      • Patient Record for healthcare management.
      • Medical Test Result for health condition diagnosis.
    • Financial Confidential Informations, such as:
      • Banking Credential for financial account access.
      • Credit Card Information for payment processing.
  • Legal Confidential Informations, such as:
    • Attorney-Client Privileged Communication for legal advice.
    • Settlement Negotiation Document for dispute resolution.
  • Government Confidential Informations, such as:
    • National Security Information for state protection.
    • Classified Government Document for confidential operation.
  • ...
• Counter-Examples:
  • Public Domain Information, which lacks confidentiality protection requirement as it is already openly available.
  • Open Source Information, which lacks disclosure restriction as it is intentionally shared freely.
  • General Knowledge Information, which lacks confidentiality value as it is commonly known.
  • Expired Confidential Information, which lacks current confidentiality status as its protection period has ended.
• See: Personally Identifiable Information, Trade Secret, Intellectual Property, Data Privacy, Information Security, Non-Disclosure Agreement, Confidentiality Clause, Data Protection Law.

---

---

References

2024

• (GM-RKB ChatGPT, 2024) ⇒ Prompt: Summarize the concept Confidential Information in 1- 2 paragraphs. GM-RKB ChatGPT (model: gpt-4-1106-preview). Retrieved: 2024-01-14.
  • QUOTE: Confidential information refers to any data or information, proprietary or not, that is not commonly known and where the release of that information could potentially harm an individual or an organization. This can include business strategies, customer lists, trade secrets, intellectual property, and personal details. It is often protected by legal agreements such as non-disclosure agreements (NDAs), which require the parties involved to keep the information secure and not to disclose it to third parties without proper authorization.

     Organizations and individuals are expected to take reasonable steps to safeguard confidential information against unauthorized access or disclosure. The duty to protect such information typically extends until the information becomes public knowledge by legal means or the information no longer qualifies as confidential because it is outdated or irrelevant. Breaches of confidentiality can lead to legal actions, loss of trust, financial loss, and damage to reputation.

2018

• (Wikipedia, 2018) ⇒ https://en.wikipedia.org/wiki/Confidentiality Retrieved:2018-1-11.
  • Confidentiality involves a set of rules or a promise that limits access or places restrictions on certain types of information.

---