Economic espionage
Although the exact dollar figure on the costs and losses to U.S. businesses as a result of economic espionage is difficult to accurately report, the losses are substantial. In a 2013 report by the Blair Huntsman IP Commission examining the theft of American intellectual property, the study estimates the total losses are estimated to be in the “hundreds of billions” each year. Those numbers do not take into consideration those companies who either do not detect, do not report, or under-report losses tied to economic espionage.
Although the exact dollar figure on the costs and losses to U.S. businesses as a result of economic espionage is difficult to accurately report, the losses are substantial. In a 2013 report by the Blair Huntsman IP Commission examining the theft of American intellectual property, the study estimates the total losses are estimated to be in the “hundreds of billions” each year. Those numbers do not take into consideration those companies who either do not detect, do not report, or under-report losses tied to economic espionage.