Thursday, November 7, 2013

Efforts To Steal U.S. Trade Secrets Continues

A U.S. Air Force F-22 Raptor shoots out a flare during an air-combat training mission over Japan, Jan. 15, 2009. The F-22 is deployed to Kadena Air Base, Japan, from the 27th Fighter Squadron on Langley Air Force Base, Va., in support of U.S. Pacific Command. U.S. Air Force photo by Senior Airman Clay Lancaste

More Kinds of Corporate Spies Target More Kinds of Trade Secrets -- Voice of America

Efforts to steal trade secrets from U.S. companies continue at a high level and are hitting new targets, in spite of major efforts to stop such industrial espionage. Losing trade secrets hurts the economy by discouraging investments in the research critical to growth. Some new players are getting into the fray, and the attacks hit a huge variety of businesses from high tech to high fashion.

Plans for a fighter jet are an obvious target for corporate and other kinds of spies, but experts say industrial espionage also has been aimed at high fashion designers and toymakers, innovative steel makers, food and beverage companies, clean energy research and wind turbine makers. Corporate spies also are seeking information about the management practices that guide successful businesses.

Mandient corporate security expert Laura Galante says a growing number of companies think security breaches are becoming inevitable.

Read more ....

My Comment: The web has made it easy to share information and develop new technologies. Unfortunately .... it has also made it easier for corporate spies to steal trade secrets and intel. There are no good solutions here .... the only thing that one can do is to give harsh prison sentences to those who are caught and convicted , and hope that it is enough to dissuade others from doing the same thing.

No comments: