subscribe
back issues
reprints
contact us
Wealth in Perspective
Wealth Management
Thought Leaders
Money and Meaning
Passion Investments
Wealth Management Sourcebook
Multifamily Office 2008
Previous Issues Index
/ Home / Editorial / Thought Leaders / Politics & Policy / subarticles /
World Marketplace: The World Is Watching
Managing Espionage Risks
Ira Winkler
10/01/2006

Investors evaluating a large company–particularly one that is considering outsourcing manufacturing processes to a developing nation–should first try to gauge its ability to manage the risk of corporate espionage. Investors should ask:

• What investments is the company making to protect its intellectual property?

• Does the company have a policy in which only widely available technologies will be utilized at foreign manufacturing locations?

• Does it limit employee access at overseas facilities?

• Does it limit internal computer network access at those facilities?

Smaller companies are dependent on a few products. An unforeseen compromise of their IP can lead to disaster. Investors should ask:

• Does the company rely on just a few specialized products?

• Does it have competitors that might be interested in stealing its technologies or other IP?

• Does it have a seasoned security team in place?

• Does the company’s business plan include accounting for malicious acts of espionage?

Finally, all companies should conduct annual security audits. They should also employ pedigreed security managers integrated into all aspects of strategic planning.

Back to Main Article: The World is Watching

Printer Friendly Version  Email a Friend
 
Get a FREE ISSUE and a FREE GIFT

Simply fill out this form to receive a complimentary issue of Worth and a FREE gift ("The top 25 Questions for Your Private Banker"). If you like the magazine, you’ll pay just $36 for 5 more issues (6 in all). If it’s not for you, you can return your invoice marked "cancel", and owe nothing. The FREE issue and FREE gift are yours to keep.
Name
Address
Canadian orders click here
International orders click here

Unsubscribe from subscription emails click here
 



Family Office Wealth Conference