Growing Risks From Malicious Drones

 Thursday, July 11, 2019

 Insurance Thought Leadership

Recent drone attacks in Saudi Arabia dramatically illustrate several key issues relevant to terrorist and security risk assessment. This should be enough to cause private entities, governments and insurers to reassess their prior risk assessments and security planning around important infrastructure, iconic buildings and large scale events.

According to Aljazeera, the drone used in the Saudi pipeline attack “flew more than 800km into Saudi Arabia to successfully attack its target . . . [and] was guided using satellite technology.” As Aljazeera further noted, “This implies increasingly sophisticated levels of training.”

Couple the foregoing with a recent U.N. report indicating that Houthi drones can fly up to 1,500km with a 40-pound warhead and a statement by the FAA that anti-drone security technology is still developing, and it should be apparent that a risk that may have been only theoretically considered now seems to be very real.

Anyone with even a cursory knowledge of risk assessment can readily see the potential dangers posed by a 40-pound bomb capable of traveling up to 1,500km with GPS targeting capability. But should we be surprised? I think not.
Risk Management