security forces

In today’s volatile environment, executive protection is crucial for individuals and organizations alike. In 2013, Amazon invested $1.6 million in their CEO's safety. Other companies, such as Disney and FedEx follow the same path and spend hundreds of thousands of dollars annually to protect their top executives.

So why are companies and organizations willing to invest and dedicate so much to protecting their leaders? The answer is simple: They know the importance of executive protection.

What is Executive Protection?

Before I dive into why a risk assessment is essential in today’s world, it is important to briefly define what a risk assessment is. A risk assessment is best defined as a systematic process of evaluating the potential risks that one encounter in a projected activity or undertaking. There are different types of risks spanning from security-related to physical and personal. For this answer, I will draw mainly from my expertise in the security industry. With that said, elements of a standard risk assessment include the following: