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Confidential information refers to private data not generally known outside the company, including non-public details that could benefit competitors or harm the company if disclosed. Employees have a duty to protect both their company's confidential information and that of suppliers, vendors, customers, and business partners. The importance of safeguarding this information cannot be overstated, as breaches can have disastrous consequences. Trade secrets, a subset of confidential information, are closely guarded and vital for maintaining a competitive edge. The success or failure of a company can rely on these secrets, making their protection essential for the company's survival and employees' job security.