#CORPORATE ESPIONAGE DEFINITION SOFTWARE#

For instance, attempts to sabotage a corporation may be considered industrial espionage in this sense, the term takes on the wider connotations of its parent word.

In recent years, economic or industrial espionage has taken on an expanded definition. Economic or industrial espionage is a threat to any business whose livelihood depends on information. Although a lot of information-gathering is accomplished legally through competitive intelligence, at times corporations feel the best way to get information is to take it. Information can make the difference between success and failure if a trade secret is stolen, the competitive playing field is leveled or even tipped in favor of a competitor. Silicon Valley is known to be one of the world's most targeted areas for espionage, though any industry with information of use to competitors may be a target.

#CORPORATE ESPIONAGE DEFINITION SOFTWARE#

This is also to prevent motoring media outlets from spoiling the model before its planned reveal.Įconomic and industrial espionage is most commonly associated with technology-heavy industries, including computer software and hardware, biotechnology, aerospace, telecommunications, transportation and engine technology, automobiles, machine tools, energy, materials and coatings and so on. Padded covers or deceptive decals are also often used. As well as orchestrating espionage on commercial organizations, governments can also be targets – for example, to determine the terms of a tender for a government contract.ĭuring testing, automakers commonly disguise upcoming car models with camouflage paint patterns designed to obfuscate the vehicle's lines. It may describe activities such as theft of trade secrets, bribery, blackmail and technological surveillance. Or it could include sequestration of proprietary or operational information, such as that on customer datasets, pricing, sales, marketing, research and development, policies, prospective bids, planning or marketing strategies or the changing compositions and locations of production. It may include the acquisition of intellectual property, such as information on industrial manufacture, ideas, techniques and processes, recipes and formulas. In short, the purpose of espionage is to gather knowledge about one or more organizations. 9 Competitive intelligence and economic or industrial espionageįorms of economic and industrial espionage Įconomic or industrial espionage takes place in two main forms.7.6 Dongxiao Yue and Chordiant Software, Inc.6.5 Distributed denial of service (DDoS) attack.5.5 Israel's economic espionage in the United States.5.4 Industrial espionage as part of US foreign policy.1 Forms of economic and industrial espionage.

Corporate espionage definition