International Risks and Trends: How the lessons learned in 2014 will impact on the New Year.
January 6, 2015
Insights from the Chief Security Summit (Belgium 2014) and Security China 2014 (Beijing 2014).
2014 once again demonstrated how unplanned, random events can have a major impact on the global economy, safety and security. The ongoing crisis in the Ukraine, the Ebola outbreak and a horrific safety track record for Malaysian air travel – to name just a few – have highlighted the need for governments and private organisations to review their local and global policies and procedures.
Staff on the move
In a global economy employees and senior executives spend a great deal of time travelling between different countries. While this is a positive trend it does present organisational risk. What is your company’s policy for dealing with the sudden loss of a senior executive as a result of an accident? Do these staff members know how to keep safe when travelling overseas and do they know how to protect your organisation’s information from espionage? In summary, every organisation needs to a risk management policy in place to determine what actions will be taken in the event of unforeseen circumstances.
The rise of cyber-crime
In an increasingly competitive world it’s predicted that organisations will be exposed to greater risk of local and international cyber-crime in the form of fraud, vandalism, conflict, espionage and even terrorism. Cyber criminals have three main objectives: to disrupt operations, exploit your resources and destroy your organisation. Cyber-crime Prevention will from now on become an integral part of any comprehensive organisation security management plan.
The rise of the Islamic state
The rise of muslim fundamentalists moving across North Africa, Europe & the Middle East could give rise to the third world war. Jihadist groups are generally driven to expand their reign of terror and currently Europe and North America are seen as their targets.
Population growth and climate change
Overwhelming population growth coupled with global climate change are currently seen as the key threats to business and the world due to a decrease in natural resources. Economic experts have suggested looking to China for ideas on population control and world greening policies.
The appointment of individuals who will be able to take clear, immediate and decisive action in a crisis, is going to become an integral part of organisational survival in future.
Corporate & Social Responsibility
Global corporate companies will no longer be able to operate in isolation and will have to look at contributing meaningfully to the communities in which they operate by creating sustainable projects that benefit local communities.
- Latin America – the greatest threat to Latin America’s growth is social upheaval and organised crime.
- Asia– Asia faces social upheaval due to the poverty gap combined with growing concerns over terrorism.
- Europe – Europe is most concerned with the rise of Islamic State splinter groups and possible terrorist attacks.
- Africa – The African countries that are highlighting the greatest cause for concern include: Nigeria, Kenya and South Africa. These countries are bedevilled with violence, organised and random crime.
Lessons from China
China have ramped up security efforts (1.6million security personnel) in the face of the fact that crime and terrorism is here to stay and that hundreds of global companies have made significant investments in China. In addition, China’s homeland security budget is the biggest in the world – $349 billion in 2014. People Screening has been identified as a major source to help mitigate against risk.
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