Practice question

The concept of Proprietary Data is crucial in banking ethics. Evaluate the following statements: I. Proprietary Data includes a bank's internal pricing algorithms, unannounced product plans, and detailed customer transaction data; its unauthorized disclosure is a violation of ethical conduct. II. An employee who leaves the bank is ethically and legally permitted to use any confidential customer data they acquired during their tenure to solicit business for their new employer. III. The obligation to protect Proprietary Data applies only to full-time employees and does not extend to temporary contract workers or consultants. Which of the statements given above is/are correct?