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®
My 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.12/02/2015I 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.10/23/2018Started 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.2/27/2017After doing business with PROSHRED I'll be recommending them every time a friend or customer is looking for a shredding company. The communication was... read moreAfter doing business with PROSHRED I'll be recommending them every time a friend or customer is looking for a shredding company. The communication was great, the scheduling was easy, the pricing was more than fair and the service was fantastic. Thanks for the great service :-) read less
Mike R.8/21/2020I called to schedule the on site shredding and was immediately taken care care of by the owner "Mike" / He explained the process and... read moreI called to schedule the on site shredding and was immediately taken care care of by the owner "Mike" / He explained the process and scheduled the on site appointment. Romero called a half hour before arrival and was EXTREMELY helpful with his patience and help for getting the necessary document shred completed in a very timely fashion. He's awesome and i really appreciate the direct contact with the owners Mike and Angel... The customer services is TOP NOTCH all the way around from start to finish!!! I recommend their services highly!!! Thanks !!! Peter Cusimano, SAP - NTSI San Jose read less
Peter C.1/19/2018I just came from Proshred in Pleasanton, was greeted so warmly and kindly by the receptionist, gave me instructions on what to do, drove to... read moreI just came from Proshred in Pleasanton, was greeted so warmly and kindly by the receptionist, gave me instructions on what to do, drove to the back of building, was greeted by the owner, I believe April was her name and she was so kind, informing and professional. She took care of the process and reasonably priced, for sure my go to place from now on. read less
A Google User6/04/2019Guaranteed service, and at a lower cost than at Office Depot. It is, after all, their core business.
Kevin Short7/29/2019We are relocating and wanted a one time shredding service. I spoke with Angel who fully explained their services and we opted to have the... read moreWe are relocating and wanted a one time shredding service. I spoke with Angel who fully explained their services and we opted to have the onsite visit. One the day of the service I was given a window when the truck would arrive and it did so - a little early which was nice - and Todd removed, what took weeks to pile up, within a matter of minutes. Extremely helpful and friendly.An all around excellent experience. They do what they say, when they say they're going to do it, for the price they say they're going to do it for. With efficiency and a smile.I'm managing our relocation and dealing with multiple vendors. I could only wish they were all as easy to deal with as Proshred!! read less
Roger W.2/20/2020The 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.10/25/2019Awesome service! We had 80 boxes of documents to be shredded. I contacted them yesterday morning, truck was at our office at 7:15 this morning.... read moreAwesome service! We had 80 boxes of documents to be shredded. I contacted them yesterday morning, truck was at our office at 7:15 this morning. Romero worked professionally and quickly in the pouring rain. He was done in 45 minutes. I would highly recommend them & will be using their services again next year! read less
Erin R.2/07/2017Had 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.8/28/2015Great 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.8/11/2015Hello Angel & Michael, President & CEO - PROSHRED SFBA,For the 2nd time in 2 years, we are completely 100% satisfied with the Professionalism, Timeliness,... read moreHello Angel & Michael, President & CEO - PROSHRED SFBA,For the 2nd time in 2 years, we are completely 100% satisfied with the Professionalism, Timeliness, and Economic Value that is PROSHRED!It would be an honor to recommend your company and services to your perspective clients. Shred-It doesn't even compare.We are impressed with the newness of your TRUCK and its equipment - and FEDERICK has been great on both occasions.Please feel free to have new clients looking for a reference contact me.Kind Regards,Lance GouthroStrada Group Controller read less
Angel T.12/18/2018
