Trade secret theft is rising, says the Federal Bureau of Investigation (FBI). According to a 2013 report from the Blair Huntsman IP Commission, losses from the theft of intellectual property are estimated to be in the “hundreds of billions” each year. And now, to combat the growing threat, the FBI has introduced a new anti-corporate espionage program that increases public awareness and utilizes international surveillance options.
On July 23, the FBI announced a public awareness campaign concerning corporate espionage, which the bureau says is geared towards educating business and industry leaders about the growing dangers of the practice. As part of the campaign, the FBI is also releasing a video, titled “The Company Man: Protecting America’s Secrets,” to the public to raise awareness.
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