This study is considering the role of business ethics in relation to the problem of economic espionage. Companies that aspire to creating and maintaining a good reputation, should have the moral norms and principles and hold to them. For ethical standardization and keeping employees in line with ethics, individual responsibility and morality are important. Personal or individual moral is a part of the social and business ethics. Business enterprises should not be separated from ethics. The phenomenon of business espionage is also important to standardize ethical despite numerous difficulties, since there is not enough talk about it. On the other hand, in modern information age, business competitors' secret data are the top priority. Bearing in mind the fact that exactly these data are essential for the competitive positioning and creation of a viable competitive advantages, it is understandable that there is an increase of economic intelligence activities. Business espionage is therefore more frequently used in order to achieve business goals. With that in mind, it is certainly desirable that all business activities, including business espionage, are observed and to analyzed from an ethical point of view.