Word: theft
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...policeman said that the theft of the motion picture camera which occurred three years ago, had not been reported to the police until six months after it occurred. "We certainly can't help the Loeb people if they wait that long to inform us," he said...
Chapman said that the Loeb has had to absorb the theft losses, which have averaged about $200 per year in the past in its regular budget. He said that the University has no Insurance to cover thefts...
Neither the University police nor the Cambridge police have been notified of either theft...
Abbott is only one of a growing number of companies with such security problems. Last week, at an American Management Association conference in Manhattan, businessmen were startled to hear statistics showing that industrial espionage has risen 50% in recent years. Corporate losses through spying and the theft of goods and processes now run to $2 billion yearly...
...Mirror. The rise in spies, along with increasing theft and embezzlements, has produced stronger counterespionage as well as more frequent lawsuits. In what has become a benchmark decision, B.F. Goodrich Co. recently won an injunction forbidding a Goodrich space-suit engineer who had gone over to International Latex to use knowledge gained at Goodrich on his new space-suit work. So far, Du Pont has legally gagged a chemical engineer who knew its chloride process for making titanium dioxide paints when he left for American Potash & Chemical; a court order prohibits him from working on titanium dioxide processes...