![]() Wagner distinguishes two: industrial espionage itself (which can also be referred to as corporate and commercial espionage) and economic espionage. There is some ambiguity around types of industrial espionage. It involves compromise of trade secrets and intellectual property theft. Unlike competitive intelligence, industrial espionage means embracing illegal and unethical methods of collecting corporate data to gain a competitive advantage. The financial consequences of industrial espionage are significant:Īccording to Mike Orlando, the director of the National Counterintelligence and Security Center, the annual cost of solely Chinese espionage in the United States is estimated at approximately $600 billion. According to NBC News, “The FBI opens a new China-related counterintelligence investigation every 12 hours on average.” Intelligence on competitors gathered in a legal way can give you a leg up in the fight for market share.īut sometimes, companies and governments want more.Ĭompetitors and governments send agents to spy on critical information more often than you might think. You will learn what measures to take to keep your business secrets safe and sound. ![]() In this article, we explain (with real-life examples) how corporate spies attack and discuss how to prevent industrial espionage. That’s why it’s important to ensure that your organization’s data is well-protected. ![]() Information about your company, its products and services, finances, sales, and marketing strategy is a weapon of modern economic warfare. Especially in the hands of your competitors. Learn More Learn MoreĪssist your customers in building secure and reliable IT infrastructures Become a Partner Become a Partner Get in Touch Get in Touchĭownload “How to build Insider Threat Program in 10 Steps” white paper and enhance your insider risk management strategy through concrete actions. Competitor Comparison: Detailed Feature-to-feature, Deployment, and Prising ComparisonĬontact us to learn more about how Ekran System can ensure your data protection against insider threats.Take a quick look at the new functionality Learn More Learn More
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