Security Companies Reaping Big After 14 Riverside Attack

Following the 14 Riverside attack on January 15 that left at least 21 people dead, security for Kenyans and the wider business community has since taken centre stage.



According to analysts and players in the security sector, the market for security products has seen a surge in demand in the last few dates.



Speaking to the Sunday Nation, Securex chief executive Tony Sahni claimed that businesses and firms had seen the need to complement physical manned security with technology to reap maximum benefit.



“So far, we have received some inquiries. We are especially anticipating increased demand for electronic security equipment. Existing clients have also approached us to discuss enhancing their security,” he revealed.

Some of the products in particular include surveillance systems, CCTVs, interception devices, explosive detectors, door frame metal detectors and access control systems.



A senior security executive of a Nairobi based security firm, who sought anonymity, echoed Sahni sentiments stating that his firm was in the middle of closing several such multimillion deals next week.



"The number of calls we got last week probably tripled. I think what's happened since the unfortunate Riverside attack is that people better understand the need for security, especially in our society," he divulged.



Deepak Dave, a risk management expert with Nairobi-based Riverside Capital, projected an uptick of development of terror-focused insurance products in the wake of the Riverside raid.



However, a security expert disclosed to the publication that even the most intuitive protective security measures could be overcome by modern day terrorists, who are highly-innovative and spend a great deal of time doing research and identifying vulnerabilities.



He added that while the chance of getting caught up in a terrorist attack remained extremely low, businesses needed to consider the safety of their employees as they go about their day-to-day business.​​​​​​​

The affected Riverside address hosts hospitality, media, retail and other businesses, including the high-end Dusit D2 Hotel where international conferences were held.

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