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Corporate, economic or industrial espionage refers to theft of trade secrets for commercial purposes rather than national security hence the name espionage. Theft of trade secrets can be done through recording, removal or copying of the valuable and confidential information belonging to a certain company or business organization. The information is intended for use by a competitor in the business market (Burgess & Power, 2008). Corporate espionage should be differentiated from what is known as competitive intelligence involving legal information gathering through examination of corporate patent filings, websites, publications among other measures aimed at determining the activities of a corporation

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Running head: CORPORATE ESPIONAGE1Preventing Corporate Espionage, Handling Employees, and Asset Identification in yourOrganizationName:Institution:2CORPORATE ESPIONAGEPreventing Corporate EspionageCorporate, economic or industrial espionage refers to theft of trade secrets forcommercial purposes rather than national security hence the name espionage. Theft of tradesecrets can be done through recording, removal or copying of the valuable and confidentialinformation belonging to a certain company or business organization. The information isintended for use by a competitor in the business market (Burgess & Power, 2008). Corporateespionage should be differentiated from what is known as competitive intelligence involvinglegal information gathering through examination of corporate patent filings, websites,publications among other measures aimed at determining the activities of a corporation.Corporate espionage is not a new activity because it was used by the Soviets during thecold war. The Soviets used espionage to steal intelligence technologies from the U.S. Ifcorporate espionage is not detected and prevented, it can places business organizations bothsmall and big at a high risk of losing billions of money resulting to collapse and failure of thetarget corporations. There are various guidelines and control measures that help in detection andprevention of critical data and information for a corporation (Burgess & Power, 2008). Theseguidelines can be co
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