Amid intensified global competition, securing high technologies is becoming a prerequisite towards achieving developed nation status. Korea has made tremendous efforts into developing technologies for decades and it has now obtained a leading position in many fields. As a result, however, Korea has become a major target of industrial espionage and not a few Korean businesses have already suffered from it. In order to effectively counter industrial espionage, this research explores the use of polygraph security screening as an internal control method through literature review, and discusses matters which need to be considered before the introduction of it into Korea, focusing on the accuracy of security screening. Since polygraph security screening generates deterrent effect by increasing certainty and celerity of punishment, it makes a valuable contribution to the control of industrial espionage. However, the most important problem with the use of the polygraph in security screening is errors of the examination. Thus, polygraph security screening should be used as a part of comprehensive security management program to reduce the possibility of errors. In addition, because factors such as countermeasures and examiner's experience are known to influence the accuracy of the examination, the issues surrounding them should also be addressed. Key Word : Industrial Espionage, Internal Control Method, Polygraph, Security Screening, Deterrent effect.