We could argue that accessing personal information about an organizationвЂ™s people allows spies to better infiltrate the business, or even recruit new talent straight from within the business.Д«usiness spies will develop detailed and strategic plans to infiltrate organizations and access their data. Increasingly, spies are stealing personnel records, as these are also of great value to businesses. In some cases, it can be as simple as a bogus new starter entering the building, armed with the right information to get by security, swiftly stealing confidential information in the form of documents, laptops, or mobile phones before anyone notices. To put this into context, thatвЂ™s US$5.5 trillion more than all costs relating to the attack on the World Trade Center in New York City in 2001, which were estimated at US$3 trillion for the five years following the attack.Д«usiness espionage can have a catastrophic impact on businesses, and yet it is one of the least understood threats facing organizations today.Д«usiness espionage can come from many sources, including individuals, competitors, foreign governments, or criminal gangs, and in most cases, perpetrators can get away with business-critical and confidential information long before anyone becomes aware of the breach. These spies can be employees, former employees, cleaners, contractors, or intruders.ДЄn estimated US$8.5 trillion ($1.7 trillion per year) is lost worldwide in five years as a result of business espionage. In some cases, business espionage can be carried out by spies, who infiltrate organizations to access private information in various ways, from stealing or copying files to going through paper waste. This can involve cyber-attacks, where systems are hacked and confidential data is downloaded, copied, or stolen, but it also involves the use of listening or monitoring devices, hidden cameras, and transmitters. Unlike corporate espionage, which involves corporations spying on other corporations, business espionage occurs when governments or competitors spy on businesses, whatever their size or function. But with all the focus on cyber, businesses could be overlooking a greater threat to their security most commonly referred to as business espionage or business spying. Our team of experts will also conduct comprehensive espionage investigations where necessary, to help you identify breaches and gather the evidence you need to act against any offenders.The National Cyber Security Center continues to warn businesses that cyber-attacks are on the rise and that organizations should have the correct prevention strategies in place. We will also conduct extensive reviews of your firmвЂ™s internal information protection processes, as well as other areas of security concern. They allow your business rivals to use your innovation investment against you, making your company less competitive in the long-run.ДЄt ISS, our counterintelligence experts can provide your companyвЂ™s team with invaluable training that will provide them with the tools needed to better protect your corporate secrets. And make no mistake: these thefts have real impact on your business. Many companies lack the tools and experience needed to identify such thefts and may not even realize that their trade secrets have been compromised. Recent reports suggest that intellectual property theft by foreign rivals costs American businesses hundreds of billions of dollars each year вЂ“ and those estimates are just based on reported theft. Why You Need Corporate Spying Counterintelligence Services Physically gathering evidence at your work site.Gaining access to improperly managed physical documents.Using electronic eavesdropping technology to spy on your business or its executives.Exploiting technical vulnerabilities in your computer systems to steal sensitive data.Taking advantage of untrained personnel, who may not realize the damage they are doing when they unwittingly reveal confidential information.Adversaries can use a variety of means to obtain your trade secrets, including: This type of espionage shares many similarities to traditional spycraft. Those competitors often seek your business secrets вЂ“ including valuable intellectual property вЂ“ to eliminate your competitive edge and obtain an unfair advantage. The reality, however, is that foreign governments and business entities are increasingly targeting sensitive business data.

Many companies assume that they are immune to economic espionage and trust their internal processes to protect valuable trade secrets.

Corporate espionage