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®
The experience was seamless and easy. They were on time and very concise about the security of shredding my business documents.Thank you for your help Proshred!
Anthony A.10/25/2019Guaranteed service, and at a lower cost than at Office Depot. It is, after all, their core business.
Kevin Short7/29/2019Angel 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.1/29/2020Best thing I ever did! Owners Angel and Michael were extremely responsive and helpful. Service was easy to schedule and reasonably priced. Todd was the... read moreBest thing I ever did! Owners Angel and Michael were extremely responsive and helpful. Service was easy to schedule and reasonably priced. Todd was the truck/shredder operator and was prompt, polite and helpful. He showed me a screen I could watch to see all my shredding happen live! I'd definitely do it again should the need arise and would absolutely recommend them!! read less
Stacey M.11/27/2019ProShred are amazing!I was lucky enough to find them since I needed to have a bunch of old hard drives shredded and trying to take... read moreProShred are amazing!I was lucky enough to find them since I needed to have a bunch of old hard drives shredded and trying to take them down to a destruction center was proving problematic in San Francisco seeing as none are close by and economical.The owner Michael (Mike) and his staff were great to work with and made scheduling a visit with them super easy. The quote I received was the best price I had seen for this service so I was happy to go with them.Michael arrived in his van on time and was extremely polite and a pleasure to work with. I would highly recommend their service to anyone in need of secure hard drive destruction. read less
Amit V.8/25/2016We 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.5/02/2018Fantastic customer service! They are reliable and professional. They offer great rates and there are never any surprises. Everything is explained thoroughly and with our... read moreFantastic customer service! They are reliable and professional. They offer great rates and there are never any surprises. Everything is explained thoroughly and with our best interests in mind. I highly recommend Proshred to anyone looking for shredding services. read less
Dotty D.6/14/2018I 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.8/15/2018My experience with PROSHRED was amazing! Frederick was a delight - called me in advance before arriving at my apartment and handled everything with grace... read moreMy experience with PROSHRED was amazing! Frederick was a delight - called me in advance before arriving at my apartment and handled everything with grace and humor. I went from worrying about what to do with all my old files (before a move) on a Monday to complete ease on Thursday. I could not be happier!P.S. The Monday in question was Presidents' Day, and Mike, the CEO, picked up the phone, answered all my questions, and scheduled a pick-up for Thursday. Simply dreamy service! read less
Meg M.2/24/2017We do an annual Shred Event for our real estate business, and this Pro Shred operation is the perfect business partner. Locally owned, Mike and... read moreWe do an annual Shred Event for our real estate business, and this Pro Shred operation is the perfect business partner. Locally owned, Mike and his crew run a top notch business. Professional, the best trucks and equipment, always on time, everyone is so friendly - this is why we love and support local businesses. Keep up the great work! read less
Carol5/23/2017Amazing Customer Service! I called prior to heading to the Pleasanton location and was informed the price, and exactly what to do. Upon arrival, I... read moreAmazing Customer Service! I called prior to heading to the Pleasanton location and was informed the price, and exactly what to do. Upon arrival, I went into the office paid, and sent my employee around back with the banker boxes. Michael was back there and instantly started helping unload the banker boxes from the vehicle. The lady at front desk was kind enough to give me a hard copy receipt as well as allow me to take a short cut through their office and warehouse to where my employee was parked unloading the boxes. I would highly recommend this company based on customer service and timeliness. The price was great too! read less
Andi B.1/13/2017Dang that was easy. I pull up to the back where I figured I'd have to anyway and see a gentleman getting into his van.... read moreDang that was easy. I pull up to the back where I figured I'd have to anyway and see a gentleman getting into his van. I pull up and ask if this is where the drop off to shred is. He cheerfully climbed out of his van, greets me and introduces himself. Mike was cool, gave me a price on my 5 boxes, helped me dump them into the bin, made them go away, swiped my card and I was on my way. Seriously, what more do you need? Well done Mike. read less
Edward H.3/11/2019Excellent service from beginning to end - good pricing and so easy.I cleaned out a lot of files and had a lot of shredding to... read moreExcellent service from beginning to end - good pricing and so easy.I cleaned out a lot of files and had a lot of shredding to be done. I wanted a shredding truck to come to my home. I called about 3 companies and checked others online.Proshred in Pleasanton gave me the best price and excellent service.The person who answered the phone (owner/wife of owner) was so helpful. Thoroughly explained how much it would cost having me visualize an outside trash can. Perfect! No surprises. She was very pleasant. She made an effort to have the driver come the next day. The driver showed up on time, was very pleasant, professional and got the job done quickly. I paid the driver and got an email receipt just as I was told I would.I really like to use local businesses and this one is great. I will use them again. read less
Lynne R.8/18/2016Our 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.9/12/2018I called ProShred in the morning and was able to drop off several boxes of documents to shred right away. Very quick, convenient and... read moreI called ProShred in the morning and was able to drop off several boxes of documents to shred right away. Very quick, convenient and close to my business. I will use again! read less
Daniel H.2/08/2018
