Security News > 2005 > March > Security Services Heading for Boom Years
http://www.arabnews.com/?page=1§ion=0&article=60569 Javid Hassan Arab News 17th March 2005 RIYADH, 17 March 2005 - With the demand for security products and systems expected to double or even treble this year from the current level of $200 million annually, security analysts say business inquiries are streaming in from two directions - IT-related security for Saudi firms and physical security for Western expatriates working in joint ventures. "The political situation in the Middle East remains uncertain. As a result, every company with operations in the region, and especially in Saudi Arabia, recognizes the need for heightened security," said Neil Quilliam, senior analyst, Middle East, Control Risks Group, which maintains the largest presence in the Kingdom, where it supports major corporate and government clients in the oil, chemical and energy sectors. Quilliam, now in Riyadh as a member of the British Water and Environmental Technologies Mission, worked for a year in Jeddah during the late 1990s. He feels that his stay in the Kingdom has enabled him to understand the dynamics of Saudi society and, therefore, the dimensions of security in a given situation. "We are the world's leading international business risk consultancy operating in over 130 countries with more than 5,300 clients," he said, adding that their political analysts advise the client on likely developments over the medium- to long-term risk in Saudi Arabia. "Our Control Risks Information Service has helped clients stay abreast of developments and to plan journeys to meet Saudi counterparts in Riyadh and Alkhobar." According to him, demand for security services will escalate in the Kingdom as it scouts for overseas investment. _________________________________________ Bellua Cyber Security Asia 2005 - http://www.bellua.com/bcs2005