Mimecast ranked among the fastest growing techno... » London, UK: Mimecast has been ranked on the Deloitte Technology Fast 500 EMEA 2014, a ranking of the... gateprotect once again awarded the quality label ‘... » Hamburg: gateprotect GmbH, the German IT security specialist and member of the Rohde & Schwarz Group... The U.S. and Cuba » The White House, Washington Yesterday, after more than 50 years, we began to change America's rela... Why is an integrated network health solution criti... » Networks have become a strategic business asset that glues together the data, the applications, and ... Nuix joins McAfee security Innovation Alliance P... » LONDON, UK: Nuix has joined the McAfee Security Innovation Alliance program. Nuix and McAfee are now... IGEL updates Windows Embedded firmware and expands... » Reading, UK: IGEL Technology has updated its firmware for its Windows Embedded Standard 7 thin clien... ForgeRock reveals 2015 technology predictions » Bristol: ForgeRock Inc. has revealed its 2015 technology predictions. The company expects to see inc... Lancope unveils newly enhanced, world-Class cust... » Company has increased its investment in customer success by 150 percent this year LONDON UK: Lanco... ANNUAL ARMED FORCES COVENANT REPORT PUBLISHED » THE Armed Forces Covenant Annual Report has been presented to Parliament today and details the progr... Opengear Continues EMEA Momentum » Slough UK:  Opengear has announced its most impressive year in EMEA with across the board growth. 2...

CLICK HERE TO

Advertise with Vigilance

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

The threat posed by kidnappers is still acute with other 20,000 reported kidnappings worldwide each year, according to Willis in its latest Resilience publication.

But even this could be under estimating the true scale of the problem. The official figure for Mexico alone is 2,000 kidnappings in 2011, for example, but the Council for Law and Human Rights says that the true figure is more like 17,000 – almost nine times the official estimate.

 

“The threat is growing, the risk is fluid and it can very easily move from one country to another”, Richard Scurrell, Executive Director at Willis’ specialist kidnap-and-ransom division, Special Contingency Risks (SCR), commented in Resilience .

Expanding on the typical profile of a kidnap risk hotspot, Paul Mills, Executive Director of Security Services at SCR, said: “A lot of the countries where kidnaps occur regularly have a fantastically wealthy element of the population at the top, a very small middle class and a very large poor population.”

Amid the economic crisis, Mills fears kidnap and ransom risk could return to countries such as Greece and Italy. Mexico, for example, saw a surge in kidnapping and extortion following the economic crash of 1994. “We have already seen incidents of high-net-worth individuals being attacked by more radical elements.”

Other observations:

“The increasing overseas reach of countries like China and India means the demand for Kidnap-and-Ransom insurance is expanding”, according to Scurrell.

“There have been various cases where individuals have apparently been kidnapped, only to be found later hiding”, according to Mills.