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BM2 4.02 Protect
4.02 BM2 Protect Company Information
| Term | Definition |
|---|---|
| Access Control Systems | Mechanisms that restrict access to information and resources based on user permissions. |
| Acquisition | The act of getting or obtaining something |
| Authorization | Permission granted by a person or organization to use something, especially in the context of intellectual property rights. |
| Brand Equity | The value of a brand based on consumer perception and reputation. |
| Competitive Advantage | A condition or circumstance that puts a company in a favorable or superior business position compared to competitors. |
| Competitor | A person or business that competes with another for customers or business |
| Compliance | Adhering to legal and regulatory requirements in the management of company information. |
| Confidential | Information that is meant to be kept secret and is not to be disclosed to unauthorized individuals. |
| Copyright | Legal protection for original works of authorship, such as literature, music, and art, preventing others from using the work without permission. |
| Covenant | A formal agreement between two or more parties |
| Data Encryption | The process of converting information into a secure format that cannot be easily understood by unauthorized users. |
| Disclosure | The act of making something known |
| Exclusionary Rights | The rights granted to patent holders to prevent others from using their invention without permission. |
| Firewalls | Security systems that monitor and control incoming and outgoing network traffic based on predetermined security rules. |
| Formula | A mathematical relationship or rule expressed in symbols, often referring to a recipe or method in business contexts. |
| Incident Response | A structured approach to handling and managing the aftermath of a security breach or cyberattack. |
| Infringement | The violation of a law or a right, especially in relation to intellectual property. |
| Intangibles | Non-physical assets that provide value to a company. |
| Intellectual Capital | The collective knowledge and skills of employees that contribute to a company's value. |
| Intellectual Property (IP) | Creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce |
| Legal Protection | The safeguards provided by law to protect rights and interests, especially concerning intellectual property. |
| Methodology | A system of methods or principles used in a particular area of study or activity |
| Non-Disclosure Agreements (NDAs) | Legal contracts that prevent parties from disclosing confidential information. |
| Patents | Legal rights granted to inventors to exclude others from making, using, or selling their inventions for a specific period of time. |
| Proprietary | Belonging to or owned by a particular person or organization |
| Reputation | The beliefs or opinions that people in general hold about someone or something |
| Security Audits | Evaluations of an organization's security measures and practices to identify vulnerabilities and improve protection strategies. |
| Specification | A detailed description of something |
| Tangible Assets | Physical items of value owned by a company, such as real estate, equipment, and inventory. |
| Trade Secret | Confidential business information that provides a competitive edge, such as formulas, practices, and processes. |
| Trademark | A symbol, word, or phrase such as logos, slogans and brand identifiers that are legally registered or established by use as representing a company or product. |
| Viability | The ability to work successfully; feasibility |
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