The pharmaceutical industry is facing a number of challenges during the current economic downturn which create a strong requirement for the pro-active protection of company information and assets.
Long standing issues surrounding data exclusivity and patents are ongoing debates within the industry and are increasingly important issues in the face of rising R&D costs. The need to be first to market to secure sizable profit margins has led to a highly competitive global industry. For a sector so rich in IP it is imperative that the threat of corporate espionage is considered seriously.
The lengthy and costly process of clinical trials, ongoing innovative productivity challenges and fierce legal patent disputes are becoming commonplace. The need to protect sensitive corporate information against corrupt or improper activity has never been more important.
Our extensive experience in providing strategic board level support to global corporations has helped many of our pharmaceutical clients to realise the value of having peace of mind in outsourcing their business resilience planning to Esoteric. Our clients are able to concentrate on core business activity, safe in the knowledge that the threat of attempted or actual attacks from competitors, criminals and terrorists has been minimised.
Investment Bank Chooses Innovative Counter Surveillance Partner
The financial services industry has been at the forefront of many high-profile corporate espionage cases over recent years and banks and other financial institutions remain the most targeted among hackers.
A leading international investment bank, with a presence in most major markets around the world, was reviewing the provision of its TSCM services, which had long formed the basis of its counter-espionage strategy. The company invited TSCM suppliers to tender for the company’s counter-surveillance requirements.
Esoteric were awarded the contract to support the organisation by providing an innovative and effective security and counter espionage strategy that included a range of solutions that would deliver sufficient flexibility to meet the ever-changing needs of the business. In addition to regular TSCM inspections of the most sensitive areas, bespoke training was provided to the company’s security personnel that enabled them to carry out interim physical searches in support of the TSCM inspections.
Value add, security briefings were provided to key personnel and an educational campaign was introduced to deliver awareness to the wider staff population in the form of regular roadshows. Finally, Esoteric’s permanent countermeasures sensor E -Room, was installed within the organisations boardroom, where the most sensitive of conversations were deemed to take place which delivered 24/7 protection from eavesdropping.
This multi-dimensional strategic approach provided great protection to the organisation, whilst delivering improved efficiencies and a return on investment. The new in-house capability not only supported the organisations overall counter surveillance strategy but provided the organisation with greater confidence. The strategy was reviewed quarterly to ensure that it was fit for purpose and aligned to the organisations objectives at all times.