Magazine article Security Management

Global Warning

Magazine article Security Management

Global Warning

Article excerpt

American businesses are no longer surprised by the discovery that their proprietary information is under attack by both friend and foe. The problem has been identified, but the solution hasn't.

A new report - protecting America's Corporate Secrets in the Global Economy: A Risk Assessment of the New Threats to US Business Information - may help. It gives business managers and security professionals an overview of the new threats to proprietary information and suggests ways to guard against the loss of valuable corporate secrets.

The report is published by the American Institute for Business Research (AIBR) in affiliation with the National Security Institute (NSI).

It pointed at foreign intelligence agencies as perhaps the most serious threat. They are using a combination of traditional spy techniques and sophisticated electronics to acquire information which is then turned over to corporations in their own countries.

Because senior managers in many US corporations fail to take this threat seriously, noted the report, sensitive information lies unprotected. As a result, billions of dollars per year are lost to overseas competitors. …

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