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Maintaining confidentiality in the workplace is crucial for several reasons. Simon from The Contract Company explains that businesses need to protect certain types of information to ensure privacy and security. The three main categories of confidential information include: employee data, customer information, and details regarding products, services, and pricing. Keeping this information confidential is essential to prevent unauthorized access and maintain competitive advantage. Therefore, it is important for business owners to ensure that all employees are signed up to confidentiality agreements to safeguard this sensitive information.
