This document discusses corporate espionage in India. It notes that corporate espionage has long involved powerful individuals obtaining sensitive government information to gain competitive advantages in business. Several past scandals and individuals involved are described. The types of sensitive documents stolen are listed, including information on budgets, resource allocation, and foreign investments. Several major companies are alleged to currently be involved in corporate espionage. The government has pledged action against wrongdoing, while companies have launched internal probes. In conclusion, the document recommends security measures for government offices and amending relevant laws.
5. Corporate espionage is the process of
illegally and unethically obtaining
confidential information government
officials to be able to gain a competitive
advantage
7. COPRPORATE ESPIONAGE IN INDIA
• A quick look at the ministries from which
information and documents were pilfered tells
you much of the story: Finance, Defense,
Petroleum and Natural Gas, Coal and Power.
8. Booming Business Of Corporate Espionage
Corporate espionage in India is hardly new. For decades, tycoons
have used spies to ferret out information about what is going on
behind closed doors in the corridors of power. Access to
sensitive information known only to a few powerful politicians
and influential bureaucrats is often not just a source of profit but
also provides competitive advantage over business rivals.
9. CORPORATE SPICES OF YESTERDAY
• 1986: Coomer Narian
Charged with criminal conspiracy
and leaking classified information
to agents of foreign companies
• Dr. PC Alexander
He resigned in the wake of the
espionage scandal
• 1998: V Balasubramanyam
Raid on him, led to the recovery of
secret documents including cabinet
notes
10. DOCUMENT STOLEN INCLUDE
SENSITIVE INFORMATION
• National Gas Grid
• National budget grid
• Market sensitive data
• Confidential minutes of high level government
meetings
• Government plans for foreign collaborations
• Planned project with other countries
• Foreign investment proposals by MNC
• Disinvestment decisions relating to public sector
companies
11. The growing list of companies
allegedly involved in the scandal
• Reliance Industries
• Essar Industries
• Jublicant energies & Cairn India
• GMR Group
• Price Wate House Coopers
12. Crony Captalism was replaced by crony
capitalism, especially when it came to
allocation and pricing of natural
resources
13. Action Promised
• The federal government, headed by prime
minister of India Narendra Modi by promising
that he would fight corruption, has vowed to
take action, saying that no guilty party will be
spared. Reaction to the arrests, Reliance
Industries and the Essar Group have has said
they have launched internal probes.
14. Conclusion
• The ministries and departments will ensure that
confidential work is not done on computers connected
to the internet and it must to ensured that external
memory device cannot be connected to the USB drives
on these computers
• Counting devise in photocopying machines and other
office equipment should be made good use of so that
unauthorized copying Is not done. CCTV cameras can
also be deployed judiciously
• There should be amendments in “Official Secret Act”
• The M.I.S in Defense should be installed in Ministries
Also