Corporate Executive Protection (EP) Program Development
A flexible, risk-based, and intelligence-led approach to Executive Protection (EP) is the methodology most aligned to high-level corporate EP programs. To successfully develop and implement a VIP Protection program requires a robust threat assessment system and a senior security manager that is the primary decision-maker as to whom gets that level of security and when. It also requires timely, accurate, and relevant protective intelligence support to identify and understand threats that will guide resource allocation, and appropriate plans
Who Gets Executive Protection and Secure Ground Transportation (SGT)
There is often a two-pronged approach to this decision-making process;
The First – being the ‘key person piece’ often the CEO and Chairman. The “Key-man” loss or significant disruption impacts business continuity and value. Regardless of specific threat or risk, the goal is to avoid anything happening to the person/s. If something happens to CEO and Chairman, the company is at risk.
- “Key-man” loss or significant disruption impacts business continuity and value
- The CEO is the ultimate person responsible for lay-offs and these are a daily issue that can escalate and are most likely to become a ‘flash-point’– thus WPV and targeted attack is a persistent risk. Therefore, the CEO requires appropriate security to counter this persistent threat.
- High-net worth implies valuable assets attractive to criminals (i.e. Tamara Ecclestone – $67M loss)
- Cyber targeting
- Thefts/Burglaries often escalate to assault
- Poorly coordinated or vetted travel provides opportunities for criminals to exploit
- Risk assessments and associated security planning and logistics are necessary for increasing international travel (business and personal)
- Safety, security, and related logistics support and contingency planning (transportation, emergency medical, evacuation) correlates to less disruption in productivity
- Key-man risk management as an element of risk mitigation reflected in:
- Bond Offerings
- Tax consequences – 3rd party audits include a comprehensive audit of security programs
The other consideration and planning requirement to the ‘key-person’ approach is to what level are they supported and secured. This is subject to the variables noted below.
The Second – is SVP or other C-Suite and is based on threat, role, and reason. It is important to look at it from three buckets/Lens’:
- Targeted e.g. Aggrieved persons/WPV/Criminal/Gang/Kidnap
- Collateral e.g. Coup/Terrorism/Active-shooter/Fire
- Opportunistic e.g. Crime/Express kidnap/Vehicle attack
The senior security manager, supported by protective intelligence would assess threats, vulnerability, and business case to deploy and resource executive protection and/or secure transportation to company employees based on variables such as status, role, location/s to be visited, and events.
Other Considerations for Corporate EP programs:
- Protective Intelligence operation is vital to identify threats, gauge risk, and work proactively.
- The CSO makes the overriding decision
- The EAs of the VIPs communicate and liaise with the Security team
- Careful assessment of when EP should be covert Vs low profile Vs high-profile
- Taking into account the company culture is important, but the tail should not wag the dog
- Business/Private use of a jet has obvious tax consequence
- Requirement under tax code, business use of aircraft for security – third party would come to confirm that a security case exists. The company has to have taken other measures to secure the CEO, so that they can align that with the reason for the jet.
- The IRS would likely target you if you have Jet for security but no formal EP program, RST etc.
- The best way to write off a private Jet for tax is for security reasons (apparently) – but it needs to be audited and justified. Likely only doable at a CEO and Chairman level.
- There are multiple considerations and components of an EP Program