What is one outcome of increased economic espionage?

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Increased economic espionage primarily leads to financial losses for the affected organizations or countries. When entities engage in or fall victim to economic espionage, sensitive information, trade secrets, or intellectual property can be stolen or compromised. This theft can result in direct monetary losses, as competitors might gain access to crucial information that allows them to undercut prices, replicate products, or enhance their technology without incurring the original development costs. Additionally, the fallout from such espionage can lead to reputational damage, which may further erode trust and financial standing in the market. Ultimately, the culmination of these factors underscores the significant impact that economic espionage can have on the financial health of companies and nations, making financial losses a primary outcome.

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