The prominence of various top officials of well-established organizations and their capability to attract substantial funds make them a target. They face various security threats such as cyberspace risk, kidnapping for ransom, and proxies’ usage. Therefore, mitigating such unfortunate occurrences is necessary with means such as tightening security detail and enhancing digital space protection effective means for achieving the fete.
Executives face cyberspace threats due to their prominent stature and the overall prevalence of the digital space. Managers are an essential part of the companies they head as they hold the key to significant decisions. Famous heads of well-established companies command high financial returns, making them an asset while simultaneously bearing massive security risks. At the forefront of the threats they face involves susceptibility to cybercrime, which involves digital hacks or the use of provided information on the internet, such as one’s home address and travel plans. Hackers have taken to using the digital space to target prominent executives as they acquire valuable information from the platform to use later in milking funds (INA, 2018). The dominance of the internet in the contemporary times (facilitated by technological development and innovation accompanied by the global community’s acceptance of the stage owing to ease of use) propagates the high-security risk the digital space posits. Internet usage is prominent in our contemporary society therein facilitates substantial threats to famous heads of well-established organizations.
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The executives equally face physical security risk with means such as kidnapping for ransom and proxies’ usage due to the financial endowments they attract. As mentioned earlier, prominent heads, especially those in charge of well-established organizations, are always at a high-security risk. People may take advantage of loopholes from their security detail to kidnap them with a target of acquiring high monetary returns in the form of ransom. According to Schoenbaum (2019), “in 2017, Pavel Lerner, the CEO of a UK Bitcoin exchange, was kidnapped by six armed individuals wearing balaclavas to conceal their identity while traveling in Ukraine and released after the payment of a $1 million ransom in Bitcoin.” It shows the efforts unscrupulous individuals may go to acquire wealth. Furthermore, executives face the risk of proxies’ usage, such as targeting close relatives to extort money. Most human beings are humane with their emotional afflictions, making those they value a target. Kidnapping for ransom and proxy usage is physical security threats questionable characters may apply to illegally milk funds.
The mentioned security risks faced by top officials are manageable by applying effective measures that protect valuable protection from tightening security detail to potential closing gaps in the digital space. Firstly, improving protective measures for executives and those closely affiliated to them would mitigate the security threat. It involves considering the basics, such as well-secured homes transcending to complex considerations like providing a good security detail that factors minor elements. For example, for the latter, the protection providers should close loopholes that may arise to their service provisions, such as ensuring those who gain physical access to an executive are appropriately checked. It will reduce the risk to physical security threats posited by individuals targeting to harm the prominent executives and those close to them. Another way to mitigate security threats is to close down potential gaps in the digital space like using secure internet platforms and risk assessments to improve cyberspace protection. Practical application of the mentioned measures stands a chance of reducing the security threats faced by executive be-it physical or digital.
Top officials face security risks with questionable characters seeking to tap into loopholes in the digital and physical space accompanied by the use of close persons to reach the heads and milk their money. Such risks are manageable by closing down potential gaps like enhancing cyberspace protection. A collective effort would improve the applicability of the measures.
References
INA. (2018). “From Pies in the Face to Kidnapping, Executives Face Numerous Threats.” https://www.ina-inc.com/pies-in-face-to-kidnapping-executives-face-numerous-threats/
Schoenbaum, D. (2019). “The 5 biggest examples of executive threats and how to prevent them.” HELPNETSECURITY , https://www.helpnetsecurity.com/2019/10/02/executive-threats/
