If you think random snippets of code are special you really don't understand the business you're writing code for. So no, your code is not special, and pasting code snippets is not transferring business data.
It literally is exactly that. You don't think the code a business creates is "business data"?
Lots of code expresses buisness strategy that is a competitive advantage/ sensitive.
My org has done a risk assessment and accepted the risk of using such tools; arguing there is no risk is short sighted.