The value placed on the development of the stolen technologies is $119.6 million. Other affected companies include Azko-Nobel, Dow Chemical, PPG, TSI, Sherwin Williams and ToyoChem.
Two actions could have stopped the theft or lessened its impact:
- Real-time alerts and processes designed to prevent sensitive and protected data from exiting the corporate environment.
- Prohibiting personal and non-authorized electronic devices, including smartphones, from proximity to trade secrets or sensitive installations.
Using the smartphone’s camera to copy documents and workspace is a throwback technique of espionage days of old, when miniature and subminiature cameras would be used to copy documents from within restricted spaces. more
See Murray Associates - Recording in the Workplace Recommendations