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The end of the cold and economic pressures have increased the risk of economic espionage The collapse of the Soviet Union has left unemployed KGB and other former communist bloc intelligence agents selling everything from Russian night vision devices to completely assembled and functional bugging devices Even friendly western European governments have been caught spying on private corporations based in the US and other countries while industrial competitors sometimes hire private companies to collect competitive intelligence from their corporate rivals Lester96 What exactly is economic espionage how prevalent is it Who does it How do they do it and what can we do to stop it These are the questions that will be looked at in the following pages First lets look at what exactly is economic espionage Espionage and intelligence is no longer the exclusive domain of monarchs and governments it has become a must for modern international business Large corporations around the world particularly in western Europe and Asia now hire agents to gather intelligence on their competitors and other countries The goal of economic espionage is to steal trade secrets plans and confidential procedures or anything to give your company or country a competitive edge over another Perry1996 The areas that interest industrial spies the most include radiation transfer technology systems diagnostic and testing software traveling wave tubes aviation technologies microwave monolithic integrated circuits inferred signature measures software radar technologies wet processing systems information management and processing simulation technologies physical security technologies ram-jet engine and ram-jet technologiesSpecial Security news letter1995 Although this is not all of the areas that modern spies target it will give you an idea of the scope of the problem Peter Schweiser author of the book Friendly spies speculates that for the most part modern industrial spies are motivated by pure greed of money If we look back in history we
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