00:00Your espionage means spying on science and industry.
00:09Secret services try to help their country's economy to gain a competitive advantage in
00:14fields like the automotive, defense, aerospace and aviation industries.
00:20Small and medium-sized companies are also damaged by espionage.
00:24Very few of them do enough to sufficiently protect themselves.
00:29Espionage can save a country the lengthy research and expensive development costs.
00:34It's different than competitive espionage, like when two companies spy on each other.
00:39Some intelligence services are obliged by law to support their country's economy, like
00:44in Russia and China.
00:45Others are expressly forbidden, like in Germany.
00:49Countries that are highly developed technologically are primarily trying to research corporate
00:54and market strategies.
00:56Less developed countries focus on gaining technical expertise.
01:01The damage?
01:02Competitors are suddenly able to offer the same products, putting profitability at risk.
01:07To the point where it threatens competitiveness.
01:10But how does espionage work?
01:13Classic espionage entails the physical contact with and manipulation of company employees.
01:19The goal is obtaining confidential information about technology that the company uses, so
01:25it can be hacked or manipulated.
01:27It even includes burglary.
01:30And in our digitalized world, the risk of industrial espionage can only increase.
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