Careless words cost business

Article Abstract:

Management is often unaware of the potential threats of industrial espionage and trademark piracy, but management can protect its interests by realizing that much of the harmful corporate espionage information comes from legal sources such as purchasing requirements, promotional budgets, and information from suppliers and sub-contractors. Management can prevent the leak of information by: educating all employees on security procedures; shredding all classified documents; and controlling the content of promotional material and employee articles. In addition to espionage, companies also need to be aware of counterfeiters who fake legitimate products. Product faking is estimated to be a 70 billion pounds sterling a year industry, and counterfeit parts have even been found on NASA's space shuttles.

Copyright, Copyright infringement

---

Thieves steal when they get an opportunity

Article Abstract:

When corporate directors and their outside accountants overlook security leaks, they leave themselves open to lawsuits originating from shareholders, the British government, insurers, and third parties (including consumers). Security is estimated to be the largest undisclosed liability for most British firms. Methods for minimizing corporate exposure to such risk are discussed, including: formulation of a business ethics policy, appointment of an individual to the position of security officer, budgeting for security, and establishing minimum security standards. Corporations are advised to begin their security strengthening programs by listing all possible sources of security risk, weighing the likelihood of such risks and the resultant damage, and devising a security control strategy.

Usage, Safety and security measures, Prevention, Risk management, Fraud, Crime, Confidential communications, Great Britain

---

Spies like us

Article Abstract:

A discussion on the extent information gathering on competitors amounts to espionage and the role of competitive intelligence in businesses is presented.

Business Ethics, Ethical aspects, Unfair competition (Commerce), Unfair competition

Similar abstracts:

• Abstracts: New marketing execs should continue teaching while learning. Speak the language of management
• Abstracts: Bids for beginners. looking for clues on the takeover trail. In the line of fire
• Abstracts: Why Firms Use Currency Derivatives. Financial development, property rights, and growth. Outside equity
• Abstracts: Singing the blues. The dark side of the profit squeeze. Bond investors begin the audit of war
• Abstracts: Sales help shortage to impact marketers. Promotion projections for the millennium. 'America's Country Store' flagship debuts targeting 'ruralpolitans'

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.