Economic Espionage Act (EEA)
What is the Economic Espionage Act (EEA)
EEA is the Economic Espionage Act. It was designed by Congress with the goal of making misappropriation of trade secrets a federal crime. It is extremely important to make this law a key component in your disposal process or your business could face some pretty significant penalties otherwise.
Who is subject to EEA compliance?
The new law requires both businesses and employees to take immediate measures to protect themselves from non-compliance, and from falling victim to this crime. Due to the fact that this is a criminal law, the cost of making a mistake could potentially lead to jail time. U.S. organizations are well informed, both from an offensive and defensive viewpoint to recognize and understand exactly how the EEA is being enforced and to ensure that they never violate its requirements. It’s important that companies also take adequate measures to make sure that their own trade secrets remain secure and protected.
What are my Rights Under EEA?
Section 1839 of the EEA states that the owner of a trade secret must take reasonable measures to keep the information protected. While such measures will differ depending on the circumstance, such measures may mean advising employees of the trade secret nature of the information, mandating employees and other recipients to sign confidentiality agreements, marking documents confidential, limiting access to a “need-to-know” basis or a sign-out basis only, and storing trade secret information in a secured, protected facility.
Who does EEA Protect?
The Economic Espionage Act help victims of Economic Espionage protect their trade secrets. The Act contains a unique provision to safeguard the disclosure of trade secret information during the criminal justice process.
Why is EEA Important?
The Economic Espionage Act of 1996 (the “EEA”) makes it a federal crime to obtain, download, receive or possess trade secret information that is taken without the owner’s consent. If an employee or contractor working for your business allegedly has trade secret information without authorization, you could face legal penalties that result in fines close to $10 million. Furthermore, you may have to forfeit to the US government any property, such as computer equipment, used to perform or carry out the commission of the EEA violation.
Where can I find more information about The Economic Espionage Act?
To learn more, visit this link: https://www.law.cornell.edu/wex/economic_espionage
What People Are Saying About PROSHRED®
I called Proshred, last week, to set an appointment to have them shred about 15 boxes of old files. The following week gave me more... read moreI called Proshred, last week, to set an appointment to have them shred about 15 boxes of old files. The following week gave me more time to put everything in boxes. I had never had anything shredded before so I was wondering how to get everything to them. Mike explained that I could have a truck come to my home, I was thrilled.They showed up a little early, the gentleman was very friendly and professional, cut open all my boxes, dumped them in a large garbage can, took them out to the truck and put them through a shredded, right infront of me. I have no question about them being handled properly.This company is really easy to work with, very professional and I highly recommend them and will use them again, when I have papers to shred.Thank you, Proshred read less
Marilyn L.8/15/2018Angel is fast. Called me back almost right the way with quotation and scheduled an appointment. The shredding associates were also professional, on... read moreAngel is fast. Called me back almost right the way with quotation and scheduled an appointment. The shredding associates were also professional, on time, and efficient. Will use their services again next year. read less
Tony Q.1/29/2020We had a great experience with PROSHRED! When we need shredding services, we will be calling on them again! We will definitely recommend PROSHRED to... read moreWe had a great experience with PROSHRED! When we need shredding services, we will be calling on them again! We will definitely recommend PROSHRED to anyone we know needing these services. It was a very friendly, professional and quick process! Their rates are reasonable, and you can watch on the video screen as they shred. Couldn't have been easier to schedule. Everyone we spoke with and met was courteous, helpful, and professional. So glad we found them! read less
Lisa J.5/02/2018Easy, affordable and safe....the driver called before they came, took all my boxes and I got to watch it being shred right in front of... read moreEasy, affordable and safe....the driver called before they came, took all my boxes and I got to watch it being shred right in front of me! Fun! read less
Gina B.7/24/2020Our shredding service sold to another Company and that service was awful. Had seen the Proshred trucks in my area and gave them a... read moreOur shredding service sold to another Company and that service was awful. Had seen the Proshred trucks in my area and gave them a call and spoke to Mike who couldn't have been more accommodating. So glad I called them as their customer service has been exceptional. Our driver always greets us, has a smile on his face and just a pleasure to work with. Highly recommend. read less
Sandy P.9/12/2018You all are fantastic and Romero is always a pleasure to have come into our office. He's always happy and friendly and accommodating of... read moreYou all are fantastic and Romero is always a pleasure to have come into our office. He's always happy and friendly and accommodating of whatever we need. Thank you for the great service you provide to us. =) read less
Erin M.5/01/2019Was getting prepared to move and realized I had bills dating back to 1999... I was totally stressed about how to shred all this confidential... read moreWas getting prepared to move and realized I had bills dating back to 1999... I was totally stressed about how to shred all this confidential info and how long it would take to do so!! I decided to look up shredding companies and as a fluke came across Pro SHRED.. THANKS GOD I did... they came to my house let me watch the shredding process, sent me a invoice and document confirming the shred.. I worked with Angel and her names fits she was an angel!! I LOVED this company. Everyone has been super friendly courteous prompt and easy to deal with! If everything in life could go as smoothly!! I will for sure recommend you to my clients and friends. read less
Debbie C.2/09/2017Excellent company to work with. I had a bad fail with another company and I needed same day service. Proshred was the only company in... read moreExcellent company to work with. I had a bad fail with another company and I needed same day service. Proshred was the only company in the Bay Area that was able to accommodate. Easy, helpful, and courteous team. read less
Jen G.3/29/2017We host an annual Shred Event for our real restate business and this locally owned business is the type of partner we want. Professional, well... read moreWe host an annual Shred Event for our real restate business and this locally owned business is the type of partner we want. Professional, well run, the best equipment and trucks, friendly employees, on time - this is how you do it! Thank you Mike and keep up the great work!! read less
Greg S.5/23/2017I am so thankful to a friend of mine for referring me to Angel and Michael and Proshred. They are very professional and friendly. We... read moreI am so thankful to a friend of mine for referring me to Angel and Michael and Proshred. They are very professional and friendly. We will certainly recommend them to others who are in need of secured shredding services. read less
Leilani S.9/08/2017I'm very pleased with the level of personalized service I received from PROSHRED. They were friendly, efficient and timely. I couldn't ask for... read moreI'm very pleased with the level of personalized service I received from PROSHRED. They were friendly, efficient and timely. I couldn't ask for more than that. I plan to continue using them for my document shredding needs. I highly recommend you do as well. read less
Tod B.5/07/2020I worked with Angel and Freddie. These two were the dream team. All logistics were handled over a few emails (very pleasant emails... read moreI worked with Angel and Freddie. These two were the dream team. All logistics were handled over a few emails (very pleasant emails I might add). Freddie was my onsite shredder and he was prompt, very helpful and easy to work with for the shredding. Angel sent the invoice... right away. What a great service! read less
Jeannette E.4/04/2017Just like the other reviewers have said... this is such great business for the residential customer. I had some boxes of old business papers that... read moreJust like the other reviewers have said... this is such great business for the residential customer. I had some boxes of old business papers that needed shredding and didn't want to throw out. Shredding a few at a time would take like a year! I called and Angel confirmed someone would be there (because I drove out from Tracy). I showed up and 7 bankers boxes got dumped into a bin faster than I could break down the boxes for recycling! There's a recycling bin near by for cardboard boxes too. Michael unloaded for me so I didn't even have to lift anything. The cost was extremely reasonable! Very friendly service. Thank you! read less
Mike W.7/05/2017Started making a calls a few weeks ago referencing Yelp adds and Michael responded back on the weekend with a quote by email, almost immediately.... read moreStarted making a calls a few weeks ago referencing Yelp adds and Michael responded back on the weekend with a quote by email, almost immediately. I eventually got through my files and took a large box of documents to their local office on West Las Positas for destruction. Office location was easy to find, folks inside were VERY friendly and assured us of all the protocol that they go through to protect the contents of the shred. I was very pleased at such a reasonable price too! I would absolutely do all future office document destruction with only ProShred. Thank you for a great experience. We will be back!! read less
Darci G.2/27/2017I recently contacted Proshred for a one time residential service. Although it was a small job, Proshred staff made me feel that my job was... read moreI recently contacted Proshred for a one time residential service. Although it was a small job, Proshred staff made me feel that my job was important and that I was valued as a client. Highly recommended!Pros: Excellent customer service, timely responses, and very accommodating for my scheduling needs.Cons: None! read less
Jeanette P.10/23/2018
