Updates on the Munich Security Conference 2017 » Source: Munich Security Conference Chancellor Merkel to give speech – President Gauck to receive E... Innovative third party add-on appliance helps MO... » UK: MOBOTIX AG - as part of a strategy to encourage partners to build a higher value solution, MOBOT... SentinelOne named a visionary for second straigh... » PALO ALTO, Calif: SentinelOne has announced it has been positioned by Gartner, Inc. in the Visionary... Send For Help one of the First Organisations ... » Send For Help is one of the first companies to be successfully audited against the latest version of... NATO Secretary General Jens Stoltenberg in a chat ... » Press Conference NATO Secretary General Jens Stoltenberg Good afternoon. We just conducted a goo... Trustis to provide Vormetric Data Encryption Servi... » LONDON, England: Thales has announced that its specialist cryptographic services provider Trustis ha... RiskIQ digital threat detection data indicates a... » London, UK: RiskIQ has released its annual malvertising report which indicates a sharp spike in malv... Ciena implements licensing solution from Flexera S... » Maidenhead, U.K: Flexera Software has announced that Ciena has implemented FlexNet Licensing and Fle... Checkmarx announces Open Beta for Scala Programm... » New York: Checkmarx has announced open beta support of the Scala programming language. The new capab... SERVICE PERSONEL WANT GREATER CHOICE ON WHERE THEY... » Service personnel want greater choice in deciding where they live, according to a survey on what the...

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.