Israeli Private Investigators Found Guilty of Industrial Espionage
Posted on April 21st, 2008 at 2:19 pm by Avatar

indes.jpgFour employees of a private Israeli Investigation Agency were found guilty to have employed Spyware to steal information from companies. The investigation firm, Modi’in Ezrahi has three of its employees were convicted and given jail terms from 9 months to one and a half year due to industrial espionage the authorities have been monitoring since 2005. This is a common practice of investigation agencies who regularly conduct espionage on rival firms of customers, selling the information they gather to the highest bidder. Corporate espionage is increasing as much as Cybercrime and is forcing many governments to take notice. This incident highlights the need for better protection from cyber criminals in the form of intrusion prevention systems and antivirus software. The authors of the Trojan horse program were sentenced to two and four years of jail time plus hefty fines.

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