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What can I do with customer data from my current employment?

Nova

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Dec 3, 2017
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I am currently working for a business which serves a specific industry in the UK and I have access to a relatively large volume of customer data. As part of my role I routinely manage this data. It includes business names, addresses, contact info (email and phone), industry and current business management software (if any). Although the business has taken steps to reduce access to this information (due to a salesman moving to a competitor and taking a copy with him), I am in one of the few roles where I can generate complete lists relatively easily.

My question is, what would a Fastlaner do with this data? I have identified a potential product which may fulfil the requirements of many customers on this list (they routinely contact us for this functionality and we turn them down), but is it ethical or even legal to use this data to promote this new product? I am interested to see what members of this forum would do, or if they had any other ideas for what could be done with this data.
 
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