Most people at least know someone who has padded his business expenses and filed for "creative" reimbursements on their expense accounts. In some cases, employers do not have much oversight. And in cases with which I have been familiar, often the employers don't care or turn a blind eye, thinking it's a better way to offer raises without having to pay the additional taxes and benefits. In fact, if anything, it's a tax write-off.
Padding your business expenses can be regarded as a…Continue
The Federal Bureau of Investigation has initiated a new campaign to thwart the increased use of industrial espionage. According to a recent article in the Wall Street Journal , the new campaign will focus on the prevention of corporate espionage. The FBI will feature…Continue
These are dire times. The economy is sketchy, and employees can do foolish things in desperation. Many people need money, and more often than not, a fair portion of an employer's staff is probably in straits with overdue payments on everything from mortgages to the telephone bill. So in some ways it should be no wonder that employment theft is on the rise.
Employment theft is on the rise and industrial espionage has actually increased significantly during the past few years. In…Continue
Added by Gordon Basichis on October 25, 2011 at 4:30am — No Comments
Industrial espionage has been on the rise, along with employee theft. Perhaps it is the bad economy or perhaps the overall loosening of ethics, but more employees, disgruntled and otherwise are stealing valuable proprietary data and attempting to sell it to the competitor.
French automotive giant, Renault, thought it had such a calamity where three of its employees where suspected of stealing sensitive documents related to Renault's electric car program and selling it off to the…Continue
Added by Gordon Basichis on March 21, 2011 at 4:00am — No Comments
Make no mistake, industrial espionage is on the rise. That and an increase in employee theft have given more than one executive premature gray hairs. Large multi-national corporations and smaller business entities are all vulnerable. All you need is something the other guy wants. It can be everything from advanced, first in your space technology to intellectual property. It can be sensitive databases, customer rosters, proprietary data.
Call it a sign of the times or the…Continue
Added by Gordon Basichis on March 1, 2011 at 4:30am — No Comments