Economic Espionage - Intellectual Property at Risk

March 5, 2021 | Chapter Event

Economic espionage is a problem that costs the American economy hundreds of billions of dollars per year and puts our national security at risk. Foreign competitors deliberately target economic intelligence in advanced technologies and flourishing U.S. industries. Historically, economic espionage has targeted defense-related and high-tech industries, but recent FBI cases have shown that no industry, large or small, is immune to the threat. Any company with a proprietary product, process, or idea can be a target; any unprotected trade secret is vulnerable to theft by those who wish to illegally obtain innovations to increase their market share at a victim company’s expense.

Our guest speaker brings more than 25 years of law enforcement experience with the FBI spanning numerous disciplines. As a senior investigator in the FBI’s National Security Division, he has led complex counterintelligence operations as well as insider threat and economic espionage investigations. In addition, he is an FBI Certified Instructor and conducts outreach with the private sector to raise public awareness and inform industry leaders on how to protect their intellectual property from both internal and external threats. He has received numerous awards during his career including the prestigious Attorney General’s Award for Excellence in Law Enforcement and is currently assigned to the FBI’s New York Field Office.

This presentation to NY HIMSS will cover the following topics:

  • The criminal statutes pertaining to theft of trade secrets.
  • The key facets that must be met for the information in question to be deemed a Trade Secret.
  • The most common methods of theft, including cyber intrusions and insider threat.
  • Best practices for companies and institutions to keep their intellectual property protected.
  • The importance of vetting vendors and contractors.
  • International travel safety considerations.
  • When to contact the FBI and how the FBI responds to such incidents.
  • The variety of cyber threats that target companies and institutions.
  • Review some of the most popular cyber scams.

NOTE: This event will NOT be recorded.

Join the Conversation

Sponsored content. The views and opinions expressed in this content or by commenters are those of the author and do not necessarily reflect the official policy or position of HIMSS or its affiliates.