Threats and Assets
- what’s really at risk and how
can you protect them?
Business Risk and Intelligence
PROTECTING CORPORATE ASSETS
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
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Premises
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Company sites and locations
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Personnel
∙
Brand and reputation
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Corporate infrastructure
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Corporate financials
Business Risk and Intelligence
PROTECTING CORPORATE ASSETS
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 as-
sets, including premises, personnel and company
infrastructure assets.
Business Risk and Intelligence
PROTECTING CORPORATE ASSETS
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
Business Risk and Intelligence
PROTECTING CORPORATE ASSETS
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
External
Collusion
● Redundancy
● Political issue
● Disgruntled employee
● Lack of promotion
● Environmental issue
● Industrial action
● Jealousy
● Brand issue
● Vulnerability of assets
● Industrial action
● Vulnerability of assets
● Political issue
● Vulnerability of assets
● Greed
● Environmental issue
● Greed
● Economic pressures
● 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
Business Risk and Intelligence
PROTECTING CORPORATE ASSETS
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.
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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.
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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.
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In the months following the end of the Libyan uprising, those working in the oil and gas
sectors have often become targets for kidnaps.
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31 May 2012 - 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.
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Foreign nationals are also considered to be at a higher risk for abductions.
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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.
Business Risk and Intelligence
PROTECTING CORPORATE ASSETS
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 2012 - 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) 1233 646940
Business Risk and Intelligence
- how well protected
are your assets?
enquiries@inkerman.com
+44 (0) 1233 646940
www.inkerman.com
THE INKERMAN GROUP
OPERATIONS CENTRE
INKERMAN HOUSE
3-4 ELWICK ROAD
ASHFORD
KENT TN23 1PF
UNITED KINGDOM
THE INKERMAN GROUP
AM MEERKAMP 17-19
40667 MEERBUSCH
GERMANY
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