Industrial espionage, commercial espionage, corporate sabotage or commercial Espionage is a kind of international espionage carried out for business purposes rather than purely national security. There are many people involved in industrial espionage activities who do not want anyone to know what they are doing. They use confidential information for their own ends by stealing it from other companies or from the countries in which the companies operate. This kind of activity can be dangerous and destructive if not detected and dealt with promptly. Therefore, it is on the increase all over the world.
Business espionage or commercial espionage has become a major problem for many corporations. In some cases the damage has been great enough that the competitor has filed a legal claim. It is always advisable to consult a legal advisor when considering the issue of corporate spying as it is a complicated area. One should never think that just because one knows that competitors are spying on him that it is safe to do the same.
The threat of business espionage has increased in the current age, as more businesses are trying to save money in every way possible. They cut costs on almost everything they can so that they do not have to spend too much on hiring spies to collect sensitive information from their competition or competitors. Businesses that are careful to protect themselves from such spying threats are less likely to be targeted by competitors who want to gather this information. In fact, they may actually deter their competition from spying on them because they know that any competitor who wants to get hold of their business information will have to go through careful surveillance or risk harsh consequences.
Economic espionage is also on the increase. Corporate espionage is mainly directed at getting hold of vital information that could be used for the benefit of a particular company. This includes stealing trade secrets from competitors, access to bank accounts and proprietary operating systems. The increasing sophistication of electronic means of communication allows corporate spies to carry out their mission with much ease. Computer network security programs and other measures that have been developed to make it difficult for anyone to pull off a corporate Espionage operation successfully.
Business and industrial espionage may include sabotage, fraud, theft, pollution and other abuses of power. Corporate spies are usually professionals who work for large corporations or intelligence agencies. Many businesses use deception to obtain information about competitors or potential customers. The danger comes when corporations fail to act responsibly when they have knowledge of an impending attack. If the perpetrator is well-funded, the victims may be humiliated or even killed.
Businesses should constantly guard themselves against corporate spies, because they can harm their company in a number of ways. They can cause the closing of their companies, damage their reputation and even expose them to lawsuits. Corporate Espionage may be the greatest threat to business today. As long as people continue to engage in such activities, businesses have to remain vigilant against such threats. The good news is that many lawyers are currently specializing in corporate spy and confidential data law.