Practical Approach Best For Contingency Planning

London Editor

Some organizations had a knee-jerk reaction to the threat of potential terrorism attacks immediately after Sept. 11, a counter-terrorism expert contends.

In the weeks after Sept. 11, some counter-terrorism and crisis management firms exploited clients fears to make a quick profit, according to Will Geddes, chief executive officer of International Corporate Protection Ltd. in London. He explained that a U.S. client in the oil and energy sector was told by a security company that it could protect one of the client’s refineries for $5 million. “Thats overkill; thats not a good practical solution,” he said.

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