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15 Jun 2006

Economic espionage, a clear and present danger

The latest CSO ezine contains an eye-opening assessment of the risk of 'economic espionage' (a.k.a. industrial espionage or intellectual property theft). Secrets Stolen, Fortunes Lost recounts several case studies and makes the point that traditional security measures are no longer effective in today's e-everything world. Information security threats require different controls, and in turn this requires senior management to update their attitudes towards securing the company's crown jewels. Simply acknowledging the value of their proprietary and personal information would be a good start, let alone recognising the vulnerabilities and impacts of information security breaches.
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