Saturday, February 12, 2022

Why You Rarely Hear About Corporate Espionage

Corporations really hate publicity about their information security failures.
The smart ones sweep to mitigate the chances of failures.
The others just sweep the failures under the rug. 

Case in point...

Spanish power company Iberdrola is suing the holding company of business news site El Confidencial over coverage of an industrial espionage case, a move the site's director says threatens its survival.

The multinational energy firm, which is seeking $20 million in damages, said that for more than two years up to November 2021, El Confidencial published 225 stories on the espionage case, including 68 that harmed the company and 12 that were untrue.

The company contends the reports were a "violation of its right to honour," a term that in Spanish law refers to reputational damage. more