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motivated by pure greed of money. If we look back in history we can see
the majority of the spies that were caught, were motivated by the money.
John walker head of the notorious Walker spie ring, sold submarine
to the Soviets for 17 years for one million dollars. Larry Wu-Tai Chin
analyst of the CIA, passed secrets to China and was paid $180,000
three year period. Richard Miller worked for the FBI and was to be
million dollars to pass counter-intelligence secrets to the Soviets,
caught and was only paid one quarter of this amount. It is easy to see
spying for friendly countries is a profitable business.
Is economic espionage really as bad as it is made out to be? Since
1985 economic espionage directed at American companies has increases 260
percent and the FBI's industrial espionage caseload has jumped to well
five hundred investigations. Espionage is costing American companies
over a 100 billion dollars a year in lost sales infact some sources put
at 260 billion. In Canada that Number translates to 10 billion a year
companies with overseas operations are estimated to lose 140 billion
per year. It is hard to get accurate numbers when it come to losses
espionage for the simple reason that companies don't want to admit to
victims, in fear of undermining the confidence of their suppliers and
shareholders (Lester:1996). The visible damage of economic espionage
the from of Lost contracts, jobs and markets, and overall a diminished
competitive edge. The companies that are hurt the most are the ones
earn under 11 million dollars annually.
How do industrial spies go about collecting information. It is a well
known fact that modern spies have used all of the collection methods
during the cold war for collecting information on industrial
Practitioners of modern espionage seldom use one method by itself, but
combine them into concerted collection program...