Which group of individuals is classified as proprietary information?

Proprietary information refers to data that is owned by an organization and is not meant to be shared with outsiders. This type of information is critical to a company's competitive advantage and may include trade secrets, business practices, or confidential processes.

Records and customer lists qualify as proprietary information because they contain sensitive data that is essential for a company's operations and strategy. Customer lists, for instance, include details about who the customers are, their purchasing behaviors, and possibly their contact information—elements that can provide significant insight into the company's market that competitors would find valuable if disclosed.

Protecting this kind of information is vital for maintaining a competitive edge and ensuring customer privacy. Thus, it is accurately classified as proprietary information, given its strategic importance to the business.