Document Shredding - How You Can Avoid Corporate Espionage

Corporate Espionage is a growing problem and threatalso be used for scams, credit card fraud, and
to more companies than you probably think! Below I willblackmail.
dispense some information every business ownerMuch to the company's own downfall, security for this
should know!coveted information is often an afterthought. Most
What Is Corporate Espionage?corporations are developing new technologies faster
Espionage is the practice of obtaining information aboutthan they can protect them. Very few companies are
an organization that is considered secret andspending the time and money to implement the
confidential without the permission of the informationhardware, software, and services required to monitor
holder themselves. In other words... spying. Espionageand protect their information.
involves accessing the location where the informationHow Does It Happen And How Can I Fight It?
is actually stored- As in entering an office building to tryCorporate Espionage can happen in a number of
and seek out the company's methods and tactics orways, but basically it's any breach of security in your
gaining unauthorized access to a company computer. Itcompany. Methods range from computer hacking,
also involves contacting the people who know thetheft, and intimidation, to dumpster diving and personnel
desired information and trying to get them to slowlyimpersonations.
divulge it.A few basic things you can do to protect yourself:
How Dangerous Is It?1. Make employees aware of 'Social Engineering Ploys.'
Corporate Espionage is a serious risk to any businessMake sure they are familiar with the tactics so they
that depends on information. Any 'spy' who is targetingcan recognize it when something happens. Set up a
a company is seeking inside information that theprocedure for them to follow in the event they think
company depends on for its success. If that outsider isthey are a target of a social engineering attack.
able to gain access to that information, then the2. Make sure you have sufficient physical building
company no longer has a leg up on competition, itsecurity. Your office building houses your employees,
levels the playing field. To say the very least...files, computers, servers, and all your other valuable
Some examples of information that is often soughtinformation and sources. Invest in video surveillance
after:and make sure it gets checked often.
- Client List - any list of current and past clients, their3. Keep the latest security software on your
contact information, and what products and servicescomputers and servers at all times. These are
they purchased from you.common points of attack for any corporation so it's
- Supplier Agreements - information that lets otherskey to keep them locked up.
know what kind of agreements you hold with yourDespite the digital world we live in, dumpster diving is
suppliers, your relationship with them, and what you arethe most common method used to obtain confidential
or plan to be using them for.data without the information owner finding out. It's a
- Personal Records - records indicating spending habits,messy and primitive method, but is very successful in
income, bank balances and account numbers,acquiring trade secrets. But how can that be?
commonly called phone numbers, credit card accounts,Someone can just take your information right out of
ect.your garbage can? Yes, dumpster diving is disgusting
- Research Documents - any research history thatand totally legal. Once you discard it onto a public
can help foretell where you plan to take the companystreet for garbage pickup, it's totally fair game.
in the next few years.Dumpster Divers have been successful in obtaining
- Prototype Plans - plans, paper work, contracts, orcompany phone books, organization charts, memos,
actual physical prototypes of a new product orcompany policy manuals, meeting calendars, system
service you plan to offer.manuals, login names and passwords, source code,
- A few other examples include : patents, pricingdisks and tapes and much more.
strategies, source code, and unique manufacturing andSo what can you do?
technological operations.Use a shredding company! Shred EVERYTHING! No
Any of the above information could be greatlylonger is just paper print outs your biggest liability, CD's,
beneficial to the unauthorized individual who has stolenDVD's, hard drives, servers are all a huge threat to
it from you. It can lead to devastating financial effectsyou if they land in the wrong hands. Seek a company
to a company causing them to lose clients and moneywho has the ability to successfully destroy any and all
to their untrustworthy competitor. The information couldconfidential matter.