Abstract

The competitiveness of companies increasingly depends upon whether they possess the cutting-edge or core technology. The technology should be protected from industrial espionage or leakage. A special attention needs to be given to SMB (small and medium business), furthermore, because SMB occupies most of the companies but has serious problems in terms of industrial security. The technology leakages of SMB would account for more than 2/3 of total leakages during last five years. The purpose of this study is, therefore, to analyze the problems of SMB in terms of industrial security and suggest the strategic solutions for SMB in South Korea. The low security awareness and financial difficulties, however, make it difficult for SMB to build the effective security management system which would protect the company from industrial espionage and leakage of its technology. The growing dependence of SMB on network such as internet, in addition, puts the SMB at risk of leaking its technology through hacking or similar ways. It requires new measures to confront and control such a risk. Online security control services and technology deposit system are suggested for such measures.

Highlights

  • The development of technology entails the possibility of leakage [1]

  • Even though the technology leakage of small and medium business (SMB) tends to decrease from 15.3% of the companies surveyed in 2008 to 12.1% in 2012, the average loss has been increasing from US $ 901,000 in 2008 to US $ 1,570,000 in 2012, which seemed to result from the leakage of high value technology

  • 37% of SMB suffered from industrial technology leakage more than twice, which shows the loosened security measures of SMB

Read more

Summary

Introduction

The development of technology entails the possibility of leakage [1]. South Korea has shown rapid growth in technology during the past 20 years, in IT sector. The leakage of industrial technology presupposes, high technology and marketability [2,3,4]. Since the 1980s, South Korea has rapidly been developing in such industries as telecommunication, automobile, ship-building, and electronics. Many companies in these industries have possessed their own cutting-edge technology. The growing portion of the PCT (patent cooperation treaty) applications would refer to the technological power which subsequently increases the possibility of technology leakage. ETRI (Electronics and Telecommunications Research Institute) of South Korea was reported to register patents the most in the world in a comprehensive evaluation conducted for research institutes, universities, and government agencies, followed by MIT and Stanford University in the United States [7]. The purpose of this study is, to analyze the problems of SMB in terms of industrial security and suggest the strategic solutions for SMB

The Problems of the Industrial Security of SMB
The Strategic Measures for the Industrial Security of SMB
Findings
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call