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International Business

The end of the cold and economic pressures have increased risk of economic espionage. The collapse of the Soviet Union has leftunemployed KGB and other former communist bloc intelligence agentsselling everything from Russian night vision devices to completely and functional bugging devices. Even friendly western Europeangovernments have been caught spying on private corporations based in theU.S. and other countries, while industrial competitors sometimes hire companies to collect competitive intelligence from their corporate Lester:96). What exactly is economic espionage? how prevalent is it? does it? How do they do it? and what can we do to stop it. These are thequestions that will be looked at in the following pages. First lets look at, what exactly is economic espionage. Espionage andintelligence is no longer the exclusive domain of monarchs and it has become a must for modern international business. Large around the world particularly in western Europe and Asia now hire gather intelligence on their competitors and other countries. The goal economic espionage is to steal trade secrets, plans and confidential


This operation wasconducted in Japan and was designed to gather technological information tosupport South Korean industry. At times, however, foreign governments orcompanies use the opportunity as a one sided attempt only to collect researchresults and proprietary information at the North American facility. These full-time agentsare only part of the story, France also has part-time information collectorscalled "Honorary correspondents". The broker then verifies the data,puts it into a usable and easily accessible format, and delivers it to interestedclients. Severalallied countries have taken advantage of these positions as cover forintelligence officers assigned with collecting as much information about thefacility as possible. Practitioners of modern espionage seldom use one method by itself, butcombine them into concerted collection programs. innovativehackers connected to computers containing competitive information evadethe controls and access companies information. One of thevisitors, while looking over a table accidentally dip the tip of his tie into a vatof chemicals. The first thing Murray examines is what is called trash trawling. Some foreign governments exploit existing non-governmentaffiliation organizations or create new ones-such as friendship societies,international exchange organizations, import and export companies, and otherentities that have frequent contact with foreigners to gather intelligence andto place intelligence collectors. Often, the consultants are often high rankingUS government officials who maintain contacts with their former colleagues. It is easy to see thatspying for friendly countries is a profitable business. Some countries have widely publicized their efforts to setup information security mechanisms to protect against their competitorspenetration attempts, and frequently the United States id mentioned as theprimary threat.

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Approximate Word count = 3838
Approximate Pages = 15 (250 words per page double spaced)

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