Friday, September 12, 2014

Industrial Espionage Becomes a Booming Trade

Namibia - A new crime trend has emerged in Windhoek, where confidential business information is stolen and sold to the victim’s competitors...

City Police Senior Superintendent Gerry Shikesho told Namibian Sun that so far three cases of theft of business secrets have been opened - one last month and two this month.

He explained that people are being sent to steal documentation that contains company strategies or business plans.

He said a Windhoek company had information stolen that was valued at N$300 000 ($27,242.00 USD). (more)

Note: In Namibia, that is a lot of money for a business to lose.