FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -§§ 1831-1839. The Act defines the term “economic espionage” as the theft or misappropriation of trade secrets and other intellectual property with the intent or knowledge that the offense will benefit “any foreign government, foreign instrumentality, or foreign agent.” See 18 U.S.C. § 1831.

Detailed explanation-2: -Industrial espionage is the covert, and sometimes illegal, practice of investigating competitors to gain a business advantage. The target of an investigation might be a trade secret, such as a proprietary product specification or formula, or information about business plans.

Detailed explanation-3: -Industrial espionage tends to involve inside jobs in which employees steal secrets for financial gain or to hurt target companies. In certain-and more unlikely-cases, individuals may break into a company facility to steal documents, computer files, or pick through a company’s trash for valuable information.

Detailed explanation-4: -Corporate espionage is espionage conducted for commercial or financial purposes. Corporate espionage is also known as industrial espionage, economic espionage or corporate spying.