wins $2 billion trade secret verdict against Pegasystems Inc. Unfair competition that may cause or contribute to the ultimate failure of targeted company(s).īelow are a few recent cases of corporate espionage:Ģ022: Appian Corp.Attempting to be the first to commercialize and monetize the IP and/or. Sabotaging the efforts of the targeted company(s).Using intelligence gathering techniques often under the guise of a false narrative.Penetrating or partnering with the target’s supplier(s) who may have access to proprietary design(s), developed proprietary process(es), etc.Soliciting or targeting personnel involved in the creation, development and/or management of the IP or those who have special access to the targeted information.Targeting a specific type of intellectual property (IP).Targeting a specific company(s) (often by a competitor).What Are Typical Corporate Espionage Tactics And, it is also not economic espionage that is focused on theft by or for a foreign country for economic gain. Why? Because it is not typically theft targeting multiple companies within a specific industry. But, corporate espionage is a bit different than industrial espionage or even economic espionage. Naval Warfare College, corporate espionage is defined as “the unlawful theft/acquisition of intellectual property, such as key trade secret and patent information as well as industrial manufacturing techniques and processes, ideas and formulas.”Ĭorporate espionage is often referred to as industrial espionage or economic espionage. What is Corporate EspionageĪccording to the U.S. This is the type of breakthrough that can create the perfect storm for a corporate espionage attack. And, those who tried to create it and failed are NOT very happy for your company’s success. It’s a design, process or technology that leaves others green with envy. It will fill a gap that has long needed to be addressed. It will change how people live their lives. Maybe it’s one of those products, processes or technologies that has applications in several industries. Perhaps well established market leaders will lose market share as a result. It has the potential to make a lot of money. Or, created a disruptive technology that will cause a dynamic shift in its industry. Or, developed a more efficient, cleaner process. Let’s say your business is working on a new design for an outdated product. Theft of trade secrets and unfair competition are usually at play. Corporate espionage occurs more often than you may think.
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