| The Five Most Common Kinds of Economic Espionage | ||
| The clandestine collection of trade secrets or proprietary information about a company's competitors. | ||
| The five most common kinds of economic espionage and measures that firms use to contain them are described below: | ||
| Kind of Espionage | Description | Security Measures |
| 1. Dumpster diving | Economic spies pick through corporate garbage to find valuable information. | If an item is proprietary or sensitive, shred or burn it before discarding it. |
| 2. Elicitation | Business and scientific seminars, international trade shows, and unsolicited telephone calls all present opportunities for eliciting sensitive company information. | Since company personnel may not know whom they are talking to, they are instructed to be careful about divulging information. |
| 3. Electronic interception | Economic snooping conducted via telecommunications or computer intrusions using hardware available at any electronics vendor. | Hire an electronics security consultant to identify possible sources of intrusions. Transmit data by mail, the safest route. |
| 4. Traditional theft | Breaking into a company facility to copy corporate files or stealing an executive's luggage or laptop computer. | Install burglary systems at company facilities; executive should hand carry sensitive information. |
| 5. Insider treason | Economic spying conducted by company employees. | Employees should be alert to suspicious behavior. |
| __________ Source: Barry R. Shapiro, Economic Espionage, Marketing Management (Spring 1998), pp. 5658; The Lure of the Steal, U.S. News & World Report (March 4, 1996), pp. 4548. | ||