I was speaking to a senior executive last year who asked what could happen if I don’t use Enterprise Rights Management? My reply was many things, although I could not remember everything single point listed below from the top of my head, I was able to articulate the salient points about the potential risks. So here are some events that could happen if you don’t employ Enterprise Rights Management.

1. The perceived value of your business is eroded slowly through the loss of your intellectual property to competitors that former employees join or new startups by former employees.
2. Investor confidence in your business’ ability to safeguard trade secrets begins to wane.
3. You really don’t have full control of where your information assets are located and as such you cannot know when your confidential information gets into the wrong hands.
4. You cannot control how your confidential information or sensitive data is used once you send it to a third party.
5. Staff could mail confidential documents or sensitive data to the wrong recipient after which you have no control.
6. You might never know when your intellectual property is taken without permission and used in a way that is counter-intuitive to your business.

So is your business at risk? Find out what enterprise rights management can do to stem the flow of your confidential information and intellectual property to your competitors.