In a known example where spying was authorized by companies, Hakluyt conducted intelligence gathering work on behalf of Shell and BP on Greenpeace and other environmental groups.
Shareholders and governing bodies have enhanced scrutiny of corporate governance, with scandals such as MF Global highlighting abuses of corporate power and potential criminal activities by company officers. Effective corporate governance principles dictate that those who conduct unethical or, worse, illegal activities on behalf of a company must be brought to heel.The phrase traditional intelligence gathering has its roots corporate espionage. Popular targets include technology related industries such as software, hardware, aerospace, biotechnology, telecommunications and energy, among others. It is no surprise that Silicon Valley is the worlds most frequently targeted area for industrial espionage as any advantage gained in a rapidly evolving industry is multiplied in value. It is clear, however, that no specific industry or sector is immune to these issues.
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