Covid creates new class of insiders

Mumbai: Before the Covid-19 outbreak, sensitive, potentially stock-moving board meeting decisions were known only to attendees and a select few in a company. Now, that tech support guy who the chairman won’t recognise may have an inside line on the board’s critical calls – thanks to all director meetings happening over video conferencing.

Office IT departments have access to content of video meetings run on company infrastructure. And companies are waking up to this, asking their IT employees to comply with insider trading prevention rules.