Gordon Basichis's Blog Posts Tagged 'theft' (4)

Are Employees Committing Industrial Espionage?

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…

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Added by Gordon Basichis on June 11, 2012 at 5:30pm — 1 Comment

The Destructive Cost of Workplace Fraud

Once upon a time a dear friend told me about the issues he was having in his apparel manufacturing plant where certain employees were in business for themselves.  This meant their raking off inventory, dresses, blouses, and such, and selling the stolen merchandise to anyone who would pay cash.   Upon doing researcher, my friend found is otherwise unaccounted merchandise in the flea markets in downtown Los Angeles and with different off price venues.   The stealing or shrinkage, as it was…

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Added by Gordon Basichis on March 13, 2012 at 7:00am — No Comments

The Renault Case--When Industrial Espionage Case Might Has Hidden Objectives

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…

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Added by Gordon Basichis on March 21, 2011 at 4:00am — No Comments

Beware of Thieving Employees and Increased Industrial Espionage

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…

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Added by Gordon Basichis on March 1, 2011 at 4:30am — No Comments

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