Friday, January 4, 2008

Corp rivalry spells big bucks for spying biz

While this news article was written from an Indian perspective, corporate spying is a global phenomenon.

India - The intensifying competition and unprecedented number of business deals in the India Inc. has led to private detectives playing a bigger role in the corporate alley.

The detective agencies call it "corporate intelligence" and say it has become a necessity in the business world where companies routinely track their rivals’ products and services, keep an eye on their employees and even prospective alliance partners or takeover targets.

While select few cases of under-cover spying like for seeking details of a yet-to-be launched product and salaries of the top management people have been around for quite some time, the idea of corporate intelligence for not so discreet details is no more a secret and is being talked about openly. (more)