Corporate espionage is practiced by foreign companies, a foreign agent, a foreign government, and commercial organizations in the private sector to enhance economic development, build more advanced military technology, and gain a competitive advantage. §§ 1831-1839, defines the term “economic espionage” as the theft or misappropriation of a trade secret with the intent or knowledge that the offense will benefit any foreign government, foreign instrumentality, or foreign agent.Ĭorporate espionage is the unlawful practice of obtaining non-public proprietary or operational information. The Economic Espionage Act of 1996 (EEA), 18 U.S.C. But in fact, many of the same techniques - and even many of the same spies - work in both realms.” CSO Online We usually think of “espionage” in terms of spies working on behalf of one government trying to get information about another. “Corporate espionage - sometimes also called industrial espionage, economic espionage or corporate spying - is the practice of using espionage techniques for commercial or financial purposes. Key Definitions What is Corporate Espionage? Bonus: Top 10 Most Infamous Cases of Corporate Espionage (WatchMojo).5) Boeing Engineer Sells Trade Secrets To China (2010). ![]()
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