Corporate Espionage Impacts Doing Business In China

[InfoSec News <alerts () infosecnews org>]

http://www.forbes.com/sites/ninaxiang/2014/07/08/corporate-espionage-impacts-doing-business-in-china/

By Nina Xiang
Forbes.com
7/08/2014

A sex tape is always intriguing.

In this case, my curiosity was aroused by a secretly-filmed alleged sex 
tape of the former China head of British drug-maker GlaxoSmithKline (GSK) 
and his girlfriend, which was sent to senior executives at GSK as a teaser 
for whistler-blower documents.

So I talked with Steven Feldman, professor of business ethics at Case 
Western Reserve University in Cleveland, Ohio, about it.

He shared with me some anecdotes about hidden surveillance while doing 
business in China. For example, he say he knows one major American company 
that had an office in Shanghai. The board of directors of the company 
wanted to come over to Shanghai to have a board meeting. But the company’s 
China head was unable to get the electronic bugs out from his boardroom, 
because it’s illegal to own the equipment to search for electronic 
eavesdropping in China.

Another company said they had to be very careful when buying new buildings 
in China because a lot of the office buildings are filled with electronic 
eavesdropping bugs.

[...]

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