Customer Lists as Trade Secrets
“Customer lists are often one of a business’s most valuable assets”, as stated by this article. In California, some customer lists are recognized as trade secrets, according to the California Uniform Trade Secret Act (CUTSA). Thus, CA courts require businesses to take reasonable steps towards “maintaining the secrecy of its customer list”.
Cyber criminals realize how valuable customer lists are to businesses; which is why customer lists are the main targets for hackers. This article offers steps to ensure that customer lists qualify as trade secrets, which are protected by law.