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Destinations, Dreams and Dogs - International adventure with a fast-track family (& dogs) of Old World values, adopting the Russian-Italian-American good life on the go…!

Trade Secrets & Economic Espionage

TheCompanyMan_EconomicEspionage_Screenshot-676x450Here around the Bartologimignano household, many foreign nationals lurk. They try to gain access to sensitive information, what some might call proprietary information or trade secrets. They come from former Communist backgrounds, Russia in particular… and they happen to be my children. It’s their goal and intention to seize my brownie recipe and their father’s pasta creations….

After viewing a new FBI film release, we understand that the idea might not be that far-fetched. 102858008-Screen_Shot_2015-07-23_at_8.21.17_AM.530x298Economic espionage costs America over $140 billion per year. I wrote our own silly scenario above, but believe me, this is no laughing matter.

Foreign agents seek to infiltrate companies and universities in order to get close to those with confidential information. And it sounds as though anything that can save them time and money in terms of research and development is worth their while. Even if the information is being paid for through bribes or whatever you might want to label it, the crime is theft of a trade secret, often for the benefit of a foreign government.

fbi-short-filmCorporate leaders from DuPont, Lockheed Martin, and Valspar speak freely of the need to protect trade secrets and how the FBI can help. In the past, economic espionage occurred primarily in the defense and high-tech sectors, but now it’s expanding to any company, large or small, from big cities to America’s heartland, with valuable innovations to protect.

And it can happen in an instant. I would urge companies, families, trade organizations and economic-espionagecommunity groups to watch, “The Company Man: Protecting America’s Secrets” produced by the FBI’s Counterintelligence Division. The 30-minute film may be viewed online at: https://www.fbi.gov/news/stories/2015/july/economic-espionage.

American intellectual property: it’s time to protect it.

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2 Comments : Leave a Reply

  1. avatar Leah says:

    Eye-opening and enlightening. We never knew the extent of foreign governments’ espionage. Thank you for spreading the word.

    • avatar admin says:

      I agree– generally we think of large corporations rather than more moderate factories. It struck me how each employee could have been a weak link and how much training is needed when dealing with proprietary information.

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