Maritime Risk 2017 in review
- Creating a Secure Organisation
- Resolving Critical Issues and Crises
Maritime Risk, 2017 in review
We are pleased to release our full year review of maritime risks in 2017. From data logged in our specialist online maritime platform, we see global maritime security incidents continue to decline, but new threats are emerging.
Find out about:
- 5% decrease in global maritime security incidents
- 25% of piracy incidents took place in the Gulf of Guinea
- 83% decrease in kidnap incidents in South-East Asia
- Spike in Somali piracy and a new threat off Yemen
- Two-fold increase in incidents off Venezuela
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The Q1 report details global incidents of war, terrorism, unrest and violent organised crime with commercial relevance.
The US action sharply increases sanctions risks, but not to pre-JCPOA levels. It will drive up oil prices, potentially harm the global economy and is very damaging to relations with Europe.
Last week, the US and the UK warned that Russian cyber threat actors were conducting a multi-year campaign to compromise network devices as a means of infiltrating organisations in the two states and their allies.
As much as compliance officers dream of unlimited staff and funding, the reality is that compliance departments often face the challenge of managing complex global risks with inadequate resources.
What global and regional trends do businesses need to know about? Our Special Risks Analysis team has created a review of the kidnapping landscape in 2017.