In December 2012, South Korean company Hyundai Heavy Industries reportedly paid $192,100 in ransom to release six workers who had…
There were 3,102 armored vehicles sold in Mexico in 2012, according to the Mexican Automotive Armour Association. 70 percent of…
In 2012, the average ransom demand by militants in Nigeria for kidnapping hostages was $490,000, based on reported accounts. The average amount of ransom eventually paid to the kidnappers after negotiations was brought down to $50,000.
The recorded number of Somali pirate attacks has declined, according to the European Union Navel Force Somalia.
According to industry officials, there are around 300,000 private security guards working in the Central America region. The number of private guards in the region are higher than the number of police officers in the region.
Islamist Militants are believed to have earned $120 Million between 2002 and 2012, according to a United States Treasury Official. Al Qaeda in the Islamic Maghreb (AQIM) alone is estimated to have made tens of millions of dollars in ransom payments.
There were about 7,000 reported cases of kidnappings in Pakistan in 2011, with 3,090 kidnapping occurring in the city of Karachi.
The Society for the Protection of the Rights of the Child, a Pakistani child advocacy organization, stated that Pakistan is one of the world’s five most dangerous countries for kidnappings.
In 2012, it was reported that the average kidnap for ransom payout in Mexico was up to $50,000.
The Ministry of Public Security in the country reported that up to 30 percent of all kidnappings for ransom were conducted by drug trafficking organizations, with the Gulf Cartel and the Zetas Cartel responsible for 50 percent of the kidnappings.
The cost of piracy in Somalia was estimated to be between $6.6 Billion to $6.9 Billion in 2011. The cost of piracy was over 110 percent of Somalia’s GDP in 2011.
The Commissioner of the Federal CID of Malaysia reported that there were a total of 80 officially reported cases of kidnapping for ransom in the country between 2010 and May 15 of 2012. Out of the 80 cases, 59 kidnapping cases were solved and 61 kidnapping victims were released after either police action or the ransom being paid.