The Federal Bureau of Investigation estimates that corporate espionage has cost American companies $13 billion from trade secrets stolen by company insiders and given to hostile foreign governments.
To combat this growing threat, largely sponsored by China, the FBI is starting an economic espionage awareness campaign in key hot spots to educate American workers about corporate espionage and suspicious behavior. Initial campaigns will start in areas with high concentrations of government contractors, including Chicago, San Francisco, Los Angeles and North Carolina.
According to the latest economic espionage report to Congress from the Office of the National Counterintelligence Executive, foreign collectors are most interested in the following areas...
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Topics: China, Economic Espionage Act, Espionage, FBI, Trade Secrets
Commercial Law & Contracts Updates, Criminal Law Updates, Government Contracting Updates, International Law & Trade Updates, Science, Computers & Technology Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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