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 have to arrange shredding for clients who are serviced in many locations. Proshred San Francisco Bay Area gives them amazing service at great value... read moreI have to arrange shredding for clients who are serviced in many locations. Proshred San Francisco Bay Area gives them amazing service at great value which gives me peace of mind. I have no hesitation recommending them to any of my clients. read less
S D Bryerman1/31/2016So... for the last 15 years have been collecting taxes, documents, paperwork, utilities, bank statements, my life in short which in bags needed to be... read moreSo... for the last 15 years have been collecting taxes, documents, paperwork, utilities, bank statements, my life in short which in bags needed to be shredded! I was so worked about fraud/safety etc, but upon calling, Mike the owner, took my call and within a week, his crew were there, reliable, safe quick and so professional; they essentially require nothing but for you to have the paperwork there for them to shred, safely, at your site, until it is further compressed at their site. Angel at their office, was extremely sweet ensuring that the visit went well and between Mike, who could not be kinder and more professional and Angel, you are provided with a team of expertise and graces! They also illicit confidence for those out there, worried about safety of Identify etc. They are the BEST in the west, and I would encourage anyone out there seeking to have their documents shredded to use them. PLUS you don't even need to own a cumbersome shredder... with their great prices and quick efficient timely service, nothing could be easier than this. Peace of mind and great ppl! Thank you so much Mike and Angel!! You are both phenomenal and provide an amazing service, that feels SO good to all who are needing this in their lives! read less
Valerie G.1/08/2016This is a great local business! I visited this business for the first time this morning. I met the owner Michael and his wife... read moreThis is a great local business! I visited this business for the first time this morning. I met the owner Michael and his wife Angel who were very accommodating to my needs. They were able to properly take and shred my sensitive documents that have been lurking in my garage for several years. This business is not open on weekends but Michael was still open to taking in my documents to help me out. The actual facility is meticulously clean. I have been to several shredding businesses and every time I walked into one of them I was greeted with a plume of dust which is not great for allergies! This business is spotless and very orderly. Their prices are very reasonable at $30 for 4 banker boxes. If you compare this to Office Depot, they charge you by the pound with a single banker box potentially costing you $30+! Michael, the owner, didn't even weigh my documents and he charged me the minimum fee which I greatly appreciate. There is something to be said about a good local small business ran by a young family. It is definitely refreshing and I highly recommend ProShred for anyone's document shredding needs big or small! read less
Michael W.2/01/2016It is very rare to find a company that actually does what it says it is going to do. To feel like your presence is... read moreIt is very rare to find a company that actually does what it says it is going to do. To feel like your presence is welcome and not just your money. When I contacted Proshred, I just wanted better security protocols for my company but what I got was someone who cared about our company. I got the president of the company to contact me directly. He was the one who sent me the estimate, scheduled the time and showed up at my door. He was so cheerful and passionate about his business. And; that is so rare to find. He gave me a brief overview of the protection that my company should have, delivery details and a quick contract. If I have any issues? I have the direct contact information for the President of the company. That is beautiful!!! It is a small business, but it is definitely worth looking into. I love, love, love the fact that I got a response so quickly and my company feels valued.
Thank you!!!!
From your friends at Stella & Dot, San Bruno, CA. read lessA Google User2/08/2014All I can say is 'Awesome!!!'. Scheduling with Michael was super easy. He quoted the fees over the phone and followed up with a... read moreAll I can say is 'Awesome!!!'. Scheduling with Michael was super easy. He quoted the fees over the phone and followed up with a formal quote via email. Pricing was very affordable and straightforward. No hidden costs. Communication was superb as Angel kept me updated with the appointment status. On the appointment day, Ramon, the driver, called me 45 minutes before he was coming. Angel called me 2 minutes after that to request whether it would be all right to divert Ramon to a job between his current location and my location, which would be about an hour delay. I okayed the delay as it would give me extra time to gather more junk to shred. Ramon arrived on time in what looks to be a brand new truck (it's probably not new...buts looks brand new because it's very well maintained). He pulled right up to my garage where all the boxes are kept. Ramon helped me dump my documents into a 96-gallon recycling bin. He even spent time to help me empty the 50 or so binders which I think I was instructed to have done so before hand but didn't (he didn't complain...thanks Ramon!). During the shredding, I was able to view the documents being shredded via a small video screen on their control panel. Three bins & 45 minutes later, we were done. I got rid of 8-10 years worth of useless, space-hogging paperwork! I probably would not need ProShred for a long while, but I certainly will recommend them to anyone who asks and needs to purge their garage/storage/office.TDSan Ramon, CA read less
Thuan D.8/11/2015It is very rare to find a company that actually does what it says it is going to do. To feel like your presence is... read moreIt is very rare to find a company that actually does what it says it is going to do. To feel like your presence is welcome and not just your money. When I contacted Proshred, I just wanted better security protocols for my company but what I got was someone who cared about our company. I got the president of the company to contact me directly. He was the one who sent me the estimate, scheduled the time and showed up at my door. He was so cheerful and passionate about his business. And; that is so rare to find. He gave me a brief overview of the protection that my company should have, delivery details and a quick contract. If I have any issues? I have the direct contact information for the President of the company. That is beautiful!!! It is a small business, but it is definitely worth looking into. I love, love, love the fact that I got a response so quickly and my company feels valued.
Thank you!!!!
From your friends at Stella & Dot, San Bruno, CA. read lessB S2/08/2014It is very rare to find a company that actually does what it says it is going to do. To feel like your presence is... read moreIt is very rare to find a company that actually does what it says it is going to do. To feel like your presence is welcome and not just your money. When I contacted Proshred, I just wanted better security protocols for my company but what I got was someone who cared about our company. I got the president of the company to contact me directly. He was the one who sent me the estimate, scheduled the time and showed up at my door. He was so cheerful and passionate about his business. And; that is so rare to find. He gave me a brief overview of the protection that my company should have, delivery details and a quick contract. If I have any issues? I have the direct contact information for the President of the company. That is beautiful!!! It is a small business, but it is definitely worth looking into. I love, love, love the fact that I got a response so quickly and my company feels valued.
Thank you!!!!
From your friends at Stella & Dot, San Bruno, CA. read lessD N2/08/2014Had 3 boxes of old personal docs to get rid of. Called around Livermore, and Proshred had the best deal (by a factor of... read moreHad 3 boxes of old personal docs to get rid of. Called around Livermore, and Proshred had the best deal (by a factor of 2!). Went there, and it took about 2 minutes to offload, pay, and leave. Angel was great! read less
Gary D.8/28/2015Guaranteed service, and at a lower cost than at Office Depot. It is, after all, their core business.
Kevin Short7/29/2019My office had over 33 banker's boxes of paper and we felt it was time to move on. We looked into a few other shredding... read moreMy office had over 33 banker's boxes of paper and we felt it was time to move on. We looked into a few other shredding companies, but nothing stood out. Pro shred simply had the best services and price points. Michael, the CEO, was very friendly and professional. He was able to get us scheduled for the week after we called! Romero, one of the employees, came in a few hours earlier than expected but it was at a time that worked better for us. Romero was also very friendly and helpful in terms of explaining the shredding process. I was able to watch the documents get shredded via a TV screen on the side of their truck. Overall, this is a very well run business. We will recommend them to all of our connections. read less
Andrew C.9/02/2015Super easy and affordable. Came in with two boxes that needed to be shred and they took them right away for $30.00. They even helped... read moreSuper easy and affordable. Came in with two boxes that needed to be shred and they took them right away for $30.00. They even helped me bring in the second box. I have already recommended them to family in the area. Thanks Proshred. read less
Playful Learning Coop Preschool M.12/02/2015Pro shred pleasanton fantastic company Pro shred employee great Worker fast and efficiency. Super job well maintained
Equiptment real nice job Today !I highly reccomend.give them
A... read morePro shred pleasanton fantastic company Pro shred employee great Worker fast and efficiency. Super job well maintained
Equiptment real nice job Today !I highly reccomend.give them
A try you will like.the guy that serviced us did very nice job
Hard worker seem dedicated clean cut and fast and friendly ! read lessJim Feaster4/22/2019What an amazing locally owned company! I was looking for a place to take tons of paper and I was lucky enough to see that... read moreWhat an amazing locally owned company! I was looking for a place to take tons of paper and I was lucky enough to see that Proshred San Francisco is based in Pleasanton! I went in and met a helpful and sweet receptionist. I drove my car to the back where owner Mike took over. He was so kind and thoughtful. He was able to shred all my papers and give me a great price also. I highly recommend Proshred for all your paper shredding needs. read less
Shari N.11/23/2015Great customer service. Highly recommend Proshred. Fast, friendly & reasonably priced.
Debbie O.12/17/2015Great service and price. Came right to driveway and destroyed years of old documentation.
Erin C.8/11/2015
