In a business environment which challenges the ability of organisations to successfully expand, frontier markets may offer growth and potentially compelling investment opportunities that satisfy investor demand. However, it should be recognised that high risks are attached to entering these markets. A plethora of concerns exist including heightened security risks and inadequate security provisions, adopted business practices, working conditions, market liquidity and overall suitability for investors. Countries have their own systemic challenges, ranging from potentially incapable governments to disparate social structures. Time spent on investigating business opportunities thoroughly can therefore save you time, money, mitigate the risks to the reputation of your organisation and crucially keep your employees safe.
Our business intelligence solutions team collect, process, analyze, and present business information, which supports you to make better business decisions, in response to identified enterprise risks. This can include detailed open-source intelligence (OSINT) gathering, social network mapping, deep web dives, due diligence reports on businesses prior to potential acquisitions, reports on potential markets or Agents within a particular region.
The ERG process:
The enterprise security risk management approach to entering a new industry or market location will initially involve identifying, communicating, and categorizing risks so that resources can be optimally allocated. After this stage has been concluded, decisions can be made regarding the deployment and the management of resources. This will ensure effective;
Safe Movement of Personnel and Assets
In the media
Evolving Cyber Threats
2020 was a year of unprecedented societal disruption, with COVID-19 lockdowns having a profound effect on the way consumers access goods and services. Along with lockdown came an inevitable increase in the risk of fraud, as opportunistic criminals took advantage of the crisis to target the unsuspecting and vulnerable.
Role-Risk Based Insider Risk Management
HR (including welfare teams) need to know which roles have additional risks as a result of home working, security teams can help by knowing what critical assets the business holds and what roles within the business have access to them and what the potential insider risks look like so that HR can involve security teams in high-risk areas.