When an employee leaves your organisation, there is a risk they could take critical confidential information and intellectual property (IP) with them. This has the potential to compromise your organisation's reputation and position in the marketplace. It may also cause a range of adverse direct or indirect impacts. These may include reduction in sales or services, loss of stakeholder confidence (e.g. customers, suppliers, shareholders, etc.), absorption of management’s time to deal with the matter, investigation and legal fees and heightened scrutiny or attention from regulators or the media.

In this article, MinterEllison and KPMG provide you with tips and tricks to minimise the risks associated with employee departures and act quickly to protect your organisation should an adverse event occur.