When a business such as Microsoft produces information technology products, the intent is to supply these products to persons and organizations in hopes of those products helping to solve some specific (and usually manual) IT process and create efficiencies. economic engine is fueled by the concept of capitalism in which manufactured products (capital) can be produced, controlled, and openly traded on the public market. The question of why we should care about it becomes quite clear in light of the current state of the global economy.
The purpose of this act of spying is usually to gain a qualitative or quantitative measure of economic advantage to the spying entity. Based upon my knowledge in Cyber and Information Security, industrial espionage is the illegal act of some person, organization or group, knowingly and willfully engaging in the act of spying on a business, competitor, or even government, in order to gain knowledge of some form of information (such as trade secrets). While that definition may not sound very glamorous, it captures the essence of the topic in terms that can be easily understood by the general populace. The act of espionage (aka spying) is quite serious as well as illegal, but new complexities are added when that act has the ability to wreak major havoc upon the economy.Įncyclopedia Britannica describes industrial espionage as the “acquisition of trade secrets from business competitors”.
While most people with only a limited knowledge of espionage may merely view industrial espionage as simple corporate theft, it actually has far more serious consequences than basic thievery. Industrial espionage has long been a proverbial thorn in the side of commercial businesses.
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