Question

In: Accounting

Corporate Espionage; A common fraud against corporations that is perpetrated by their peers (with or without...

Corporate Espionage;

A common fraud against corporations that is perpetrated by their peers (with or without collusion with the victim organizations’ employees), is corporate or industrial espionage. Write an essay on Corporate Espionage: A Discussion. In you essay, discuss corporate espionage and suggest some countermeasures that a corporation can implement to protect its premises and assets from espionage

Solutions

Expert Solution

corporate espionage :- corporate espionage is the practice of stealing and unauthorized revealing of corporate data to other companies, government and individuals.competitors companies, individuals tracing information for their own financial profit are mainly involved in corporate espionage.

Countermeasures :-

1.know the risks :- first, establish what your trade secrets are. What information and knowledge does your company possesses that competitors don't? Identifying valuable resources may involve looking outward,to rival's operations,as well as inward to your own resources. Bear in mind that physical artifacts can contain important information too.

2.secure your data :- digital information security has several aspects .First foremost, the systems and data you use need to be secure in themselves,as do the servers on which they are kept.special care is needed if people are able to take equipment off-site (such as laptops), or bring their own devices to work.

3.people and training :- once you established security procedures, it's important that people are trained to put them into practice.its no use having a waterlight security policy if people don't know what they have to do to enforce it.staff might need regular refresher sessions,plus it's worth consulting them on security flaws they may have spotted in their day to day work.

4.secure your site :- many of the techniques that protect you against burglars and vandals are also effective against industrial spies.your office, manufacturing plants, equipment, infrastructure should all be kept physically secure against intruders.entry points need to be secured.


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