![]() ![]() Posting as a competitor's employee to learn trade secrets or gain access to their customers' personally identifiable information (PII).Trespassing on a competitor's property or gaining unauthorized access to their files.There are a number of techniques that fall under the umbrella of industrial espionage: ![]() The information derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable through proper means by, the public.The owner thereof has taken reasonable measures to keep such information secret and.The term trade secret means all forms and types of financial, business, scientific, technical, economic, or engineering information, including patterns, plans, compilations, program devices, formulas, designs, prototypes, methods, techniques, processes, procedures, programs, or codes, whether tangible or intangible, and whether or how stored, compiled, or memorialized physically, electronically, graphically, photographically, or in writing if: Trade secrets are defined in the Uniform Trade Secrets Act (UTSA) and state laws based on the UTSA. For example to determine the terms of a tender for a government contract. Theft of trade secrets, bribery, blackmail or technological surveillance with different types of malware.Īs well as orchestrating espionage on commercial organizations, governments can also be targets.Acquisition of intellectual property, such as manufacturing processes or techniques, locations of production, proprietary or operational information like customer data, pricing, sales, research and development, policies, prospective bids, planning or marketing strategies.What are the Forms of Economic and Industrial Espionage?Įconomic and industrial espionage has two forms: One of the main motivations United States President Donald Trump has given for escalating the trade war with China has been to fight against Chinese theft of U.S. As a result, other governments find themselves drawn into it too. That said, economic espionage is orchestrated by governments and is international in scope, while industrial or corporate espionage generally occurs between organizations.įoreign governments, especially those where many businesses are state-owned and have a strong focus on economic development, are common users of corporate spying. Corporate espionage is also known as industrial espionage, economic espionage or corporate spying. Send us feedback about these examples.Corporate espionage is espionage conducted for commercial or financial purposes. These examples are programmatically compiled from various online sources to illustrate current usage of the word 'espionage.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Erika Solomon, New York Times, Winter Soldier gets automatic street cred for including the Three Days of the Condor star himself, Robert Redford, and brownie points for an espionage plot reminiscent of the paranoia in those decades-old thrillers. USA TODAY, At the heart of the debate over Germany’s handling of Russian espionage is the Russian Embassy: a palatial complex of soaring stone towers engraved with Soviet hammers and sickles. Caitlin Mcfall, Fox News, Hawley also asked questions him about Chinese espionage in the U.S. Oren Oppenheim, ABC News, An espionage act revised late last month has drawn concern from the international business community, which has argued that the new guidelines could make continuing business with the world’s second-largest economy more risky. Kim Murphy, Variety, Gershkovich, a reporter for the Wall Street Journal's Moscow bureau, was detained in late March by Russian authorities on charges of espionage, which the newspaper and the U.S. Christian Shepherd, Washington Post, The espionage action series, which stars John Krasinski as the CIA spy, will premiere the first two episodes of its final season on June 30. Dan Goodin, Ars Technica, Kovrig and Spavor had been held in separate Chinese prisons on vague charges of espionage and stealing state secrets, allegations for which China never provided evidence. Recent Examples on the Web Ten federal agencies and about 100 private companies received follow-on payloads that installed backdoors for use in espionage. ![]()
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