With the African Cup of Nations 2019 kicking off mere days after former Egyptian president Mohamed Morsi’s death, many are concerned about the security situation in the region. Egypt, given its politically unstable environment and its highly concentrated big sporting event of the year, is a considerably risky place to be in right now. In this blog, we will go over why crowded places are an attractive target for terrorists and insurgency groups.
In the business world today, many joint ventures and partnerships require further investigation to answer and address any questions and concerns that may come up. This is especially true given today’s security environment where risks need to be identified and mitigated accordingly. As such, many individuals and organizations request due diligence reports to help facilitate their decision-making process.
In today’s volatile environment, executive protection is crucial for individuals and organizations alike. In 2013, Amazon invested $1.6 million in their CEO's safety. Other companies, such as Disney and FedEx follow the same path and spend hundreds of thousands of dollars annually to protect their top executives.
So why are companies and organizations willing to invest and dedicate so much to protecting their leaders? The answer is simple: They know the importance of executive protection.
What is Executive Protection?
Before I dive into why a risk assessment is essential in today’s world, it is important to briefly define what a risk assessment is. A risk assessment is best defined as a systematic process of evaluating the potential risks that one encounter in a projected activity or undertaking. There are different types of risks spanning from security-related to physical and personal. For this answer, I will draw mainly from my expertise in the security industry. With that said, elements of a standard risk assessment include the following: