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Latest Special Reports
While there are few Western interests in Gaza and southern Israel, which are currently affected by the Israel Defense Force's (IDF) operations in Gaza, the wider repercussions of the Israeli invasion increase the risk to Western interests in the Middle East. ...moreActs of piracy have dramatically risen off Somalia's lawless coasts over the last year, with the coastal waters now accounting for a third of the world's piracy attacks. In the first eleven months of 2008, there were over 95 attacks, including some 40 hijackings, which brought pirates over US$120 million in ransom money. This comes after Somalia saw a record high in pirate attacks in 2007, with almost 30 reported in the first nine months of 2007, compared to only eight in the same period a year earlier, an increase of 275%. The number of actual incidents is thought to be even higher, as analysts believe as many as 30% of attacks in the region go unreported. The recent increases in piracy off the Somalia's coast and the lawlessness along the country's shores have made these waters the most dangerous in the world. ...moreNearly 200 people were killed, including at least 22 foreign nationals, and around 300 wounded in a three-day siege in Mumbai that began late on November 26th 2008, with ten gunmen attacking at least seven locations popular with tourists in an assault the attackers reportedly wanted to be named an "Indian 9/11." Militants armed with automatic rifles and grenades attacked two luxury hotels in trendy Colaba district, the Chhatrapati Shivaji Terminus railway station, a Jewish center, Cama Hospital, a police station, taxis, and a cafe popular with tourists, before the attackers took hundreds of people hostage at the hotels and Jewish center; hostages were freed on November 28th and 29th by Indian commandos. The attack, the ensuing chaotic security situation, and the continually heightened alert in India highlight the importance for security managers to have an emergency evacuation for expatriate employees and their families. ...moreA criminal trend that includes surveillance for the purposes of cash theft, a risk that is increasing sharply in countries with poor banking systems largely distrusted by the business community amid the ongoing financial crisis, appears to be developing rapidly, specifically in Eastern Europe. The report examines common emerging criminal tactics and offers advice on deterrence measures. ...moreWhile extortion has been pervasive throughout the Russian business arena, a number of schemes are only now emerging as popular tactics and are considered new risks to foreigners and businesses operating in Russia. Some of the current schemes include podstavkas, raiderstvo, new virtual extortion techniques, police extortion schemes, and legal industry extortion scams. ...more
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Please note the offices of Corporate Risk International will be closed on January 1st. The next WAIS Daily Risk Briefing will be published on January 2nd.
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