Threats and Assets - what s really at risk and how can you protect them?

Transcription

1 Threats and Assets - what s really at risk and how can you protect them?

2 Ensuring in-country security for those working in many industry sectors throughout the world has never been more crucial. Where a company s corporate assets have not been adequately protected, the impact on a business can be extremely rapid, whether this is a criminal aspect, a financial impact or resulting brand or reputational company damage the media reaction and, therefore, its impact is fast and, in many respects, uncontrollable that s why our emphasis at The Inkerman Group is to concentrate on delivering preventative measures to clients, whilst able to deliver the required contingency actions should such events occur. The Inkerman Group has been developing asset protection programmes for many years, assisting and working with clients in multiple business sectors and utilising highly experienced and focused personnel delivering initiatives which have addressed the need to protect corporate assets such as Premises Company sites and locations Personnel Brand and reputation Corporate infrastructure Corporate financials

3 In today s global business environment, business assets and information are critical to its success and therefore the mitigation of vulnerabilities is crucial. One thing is certain, that you can never fully protect all assets all the time and vulnerabilities will always exist. Therefore our approach is to work with companies to adopt a multi-layered stance, minimising risk at each level of the business and therefore developing a concept of complete security through participation and effective cost control. Our approach is to work alongside client businesses, to take the strain and to support already pressured companies by providing planning and response services to unforeseen events with actions such as: Development of security response plans Refinement of plans, required as a result of frequently changing compliance requirements or through changing business needs Mitigation of potential regulatory penalties, losses, insurance premiums or improvement notices that would impact on the business Development of site-specific crime reduction strategies Most recently, our work with clients has included Review their existing systems and practices, including conducting comprehensive company audits Identify any potential threats or vulnerabilities - to the organisation as a whole or to particular corporate assets Design systems, processes, security responses to better protect a whole range of company assets Investigate specific losses, vulnerabilities and potential brand reputation issues Provide security personnel to protect tangible assets, including premises, personnel and company infrastructure assets.

4 The Inkerman Group does not just provide a service, we provide a specific and comprehensive response, working with clients to support and guide them through the various and, sometimes confusing, aspects of asset protection and threat mitigation. We do not have set plans that we attempt to fit clients into, we develop solutions around the needs of their business and the assets to be protected, ensuring operational business continuity. The Inkerman Group s range of services includes: Development of Security Protection Programmes Loss prevention investigation services Audit and reviews Risk and threat assessments Development of loss response option plans and specific courses of action Design of security systems Establishment of security procedures and protocols Evaluation and testing Crime trend, risk and intelligence analysis

5 WHERE DOES THE THREAT COME FROM? Threats to corporate entities come in many guises; a significant aspect to determining threats to each business is to understand where any attack may come from. Generally, these can be summarised as: Internal External Collusion Threat drivers therefore appear in a variety of ways and have many contributing factors such as: Internal Redundancy Lack of promotion Jealousy Industrial action Vulnerability of assets Greed External Political issue Environmental issue Brand issue Vulnerability of assets Greed Economic pressures Collusion Disgruntled employee Industrial action Vulnerability of assets Political issue Environmental issue Greed Economic pressures SOME POINTS TO CONSIDER Review of current corporate assets systems and registers Employment screening of employees, subcontractors and third party suppliers on company sites Review internal processes for dealing with significant and unaccounted losses Develop a stronger security awareness culture throughout the organisation Ensure there is clear management control over security Consider the impact of outstanding or potential employee relation issues

6 CASE STUDY ONE Oil and Gas According to a 2011 report by Ernst & Young, gone are the days of the traditional easy access energy environment. Instead, today s firms are now being forced into hydrocarbon-rich, but often politically unchartered territory. Added to that, oil and gas fields are now often located in vast areas, which lack appropriate government-backed security systems - maintaining the safety of professionals in the oil and gas industry is a difficult, yet much-needed, task. Post-conflict Libya, which holds the largest proven oil reserves on the African continent, is perhaps the best example of this. Prior to the 2011 uprising, the North African country was producing a reported 1.65 million barrels per day (bbd) of highly prized light sweet crude oil. Amid the transition towards a democratic state, which was met with widespread approval among in the international community, the security situation surrounding the country s oil and gas security proved to be particularly precarious. In the months following the end of the Libyan uprising, those working in the oil and gas sectors have often become targets for kidnaps. 31 May a group of armed men attempted, but failed, to kidnap Oil Minister Abdurahman Benyezza at the headquarters of Libya s National Oil Company (NOC) in Tripoli. The incident was blamed on militia who were trying to seek money from Libya s oil revenue. Foreign nationals are also considered to be at a higher risk for abductions. The lack of a truly centralised Libyan security mechanism means that kidnaps or other incidents against foreign nationals often come under the responsibility of foreign firms, who frequently rely on the use of security professionals to ensure worker safety.

7 Libya s oil and gas fields have also been the target of political sabotage, as underscored by a recent closure in Libya s Ras Lanuf area. 05 July armed men in national army vehicles arrived at Ras Lanuf and asked in a very peaceful and amicable manner that the facility should stop operations for 48 hours unless their political demands were met. Oil workers responded by shutting down the port of Al Sidra, located 35 km west of Ras Lanuf, as well as ports in Brega and Haruj. The closure of these ports impacted the production of several oil companies which use the port of Ras Lanuf. Libya s oil terminal of Brega was also reportedly shut as a result of demonstrations. The increasingly touch-and-go political situation in Libya underscores the need for those working in the oil and gas industry to form strategic partnerships with highly responsive and adept security professionals. Have you analysed the risk that your business faces surrounding key business asset loss? Have you developed protective procedures around your key corporate assets? Does your business have a contingency plan for the replacement or management of any losses? Are you meeting your legislative and insurer s requirements? For a free confidential and no obligation conversation with one of our consultants please contact enquiries@inkerman.com or telephone +44 (0)

8 - how well protected are your assets? +44 (0) THE INKERMAN GROUP OPERATIONS CENTRE INKERMAN HOUSE 3-4 ELWICK ROAD ASHFORD KENT TN23 1PF UNITED KINGDOM THE INKERMAN GROUP AM MEERKAMP MEERBUSCH GERMANY Image courtesy of watcharakun / FreeDigitalPhotos.net