Industrial Espionage
Industrial espionage refers to the practice of secretly gathering confidential information about a company's products, services, or business strategies. This can involve various methods, such as hacking into computer systems, stealing trade secrets, or using undercover agents to infiltrate a competitor's organization. The goal is often to gain a competitive advantage in the market.
Companies may engage in industrial espionage to learn about new technologies, marketing strategies, or pricing models. This unethical practice can lead to significant financial losses and damage to a company's reputation. Legal measures, such as intellectual property laws, are in place to protect businesses from such activities.