The world is shrinking. Or so it seems, when it comes to doing business. Many enterprises are looking beyond the U.S. shores to expand into emerging markets. However, this trend comes with its fair share of unique security risks.
“Organizations are responding to opportunities in overseas geographies as domestic markets become saturated. Security professionals are now focusing on threats in Africa, Asia, the Middle East and Latin America, and the risks posed by these threats to investment opportunities, shareholder value and organizational assets,” says John Clune, Director of Risk Management Consultancy at Drum Cussac. “Investment could mean corporate personnel visiting a location for just a few days, or a significant commercial venture lasting for five to 10 years. In either case, businesses have a Duty of Care to personnel in order to ensure that threats are understood and that the resulting risks are appropriately treated.”