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It can also lead to serious legal consequences for the defendant. Industrial espionage is a serious issue and can cause businesses lost revenue and lost opportunities. Do I Need a Lawyer for Help with Industrial Espionage Legal Issues? Liability may also depend on whether the person was acting out of their own personal initiative, or if they were acting under direct instructions from company authorities. As such, persons being charged of corporate espionage may also face criminal consequences, such as jail/prison sentences, and/or criminal fines. Espionage can also involve a number of different white collar crimes, such as altering company records or conducting insider trading. This is especially true if criminal activity such as breaking and entering or trespassing is at play. In addition to civil consequences, many industrial espionage cases also involve a criminal aspect. If the culprit has been using stolen trade secrets or copyrighted materials, for profit, the court may also issue a cease and desist order. For one, civil remedies may be issued by a court, which can include damages awards for lost profits, or an injunction to return stolen property or information. Industrial espionage violations can result in a mix of different legal consequences. How Are Industrial Espionage Incidents Remedied? Transferring stolen company property or stolen trade secrets can also be considered espionage
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#Industrial espionage definition apwh software#
For instance, biotechnology companies, software firms, and automobile companies tend to be the target of corporate espionage. In particular, technology-based companies are prone to industrial espionage issues, especially with regards to novel ideas or technology products. Sending viruses or malware to a competitor’s website.Placing a wiretap on a competitor’s phone.Posing as a worker in order to learn company trade secrets or other confidential information.Breaking into company files or trespassing onto property without proper authorization.Some common examples of industrial espionage include: An example of acting on another company’s behalf is where a company hires an employee (or an outside party) to illegally investigate their competitor’s business. The espionage can also occur on behalf of a competitor company. An example of this is where a dissatisfied employee breaks into company records of their own employer in order to cause damage to the company. Industrial espionage can occur through a person acting on their own behalf. What Are Some Examples of Industrial Espionage? Do I Need a Lawyer for Help with Industrial Espionage Legal Issues?.How Are Industrial Espionage Incidents Remedied?.What Are Some Examples of Industrial Espionage?.