Corporate Espionage

Overview of Corporate Espionage in relation to cyber crime: [1]In today’s global marketplace a corporation’s reputation and trademark brand recognition may also be a prime target of sabotage combined with corporate espionage. For example, damaging manufacturing apparatus or facilities may delay or prevent a product from being produced on time or at particular locations. Sabotage may be overcome by reconstruction, outsourcing, or transferring product lines, but a brand name or corporate image that has been tainted by poor quality, questionable, or possibly hazardous materials causing physical harm through injury can result in longterm financial damage or even bankruptcy. Consider a 1982 case of product tampering: although it was never proven that corporate sabotage was the objective, tainting of the pain reliever Tylenol sold in grocery stores stirred a media sensation and caused many people not to buy the product for fear of being poisoned. This resulted in significant financial hardship for the manufacturer, Johnson & Johnson, and had a ripple effect throughout the pharmaceutical industry that resulted in the tamper-proof packaging we see today on bottles of pills and other medical products sold in stores.

Resources

Notes and References

1. By Joseph F. Hennekey

Halligan, R.M., Esq. (2007). Reported criminal arrests and convictions under the Economic Espionage Act of 1996. Available at https://my.execpc.com/ ~mhallign/indict.html#_Toc9924969; United States v. David T. Krumrei. (2001, July 26). 258 F.3d 535; U.S. Department of Justice Web page: (internet link) usdoj.gov/ criminal/cybercrime/usamay2001_6.htm; Freeh, L.J. (1998). Statement of FBI Director Louis Freeh before the Senate Select Committee on Intelligence, January 28. Available at (internet link) yale.edu/lawweb/avalon/terrorism/t_0011.htm

Corporate Espionage

Corporate Espionage