By Paul Crespo

A special guest post by Global Security Consultant and Political Risk ExpertPaul Crespo.  
This is the latest post in the series.

Sergei Karpukhin / Reuters

The 2014 Olympic Winter Games begin today in Sochi, Russia. Numerous U.S. multinational corporations such as McDonald’s, Coca Cola, Proctor & Gamble and Visa are sponsoring or participating, and 10,000 Americans are expected to attend. But former CIA Deputy Director Michael Morell recently stated that these are the “most dangerous Olympics” he has experienced in his adult life.

So what are the risks to international businesses?  And what can you do to protect yourself?

“Ring of Steel”

Because of the heightened threats and high visibility, the security precautions taken by the Russians are substantial. According to a report by the Center for Strategic and International Studies (CSIS) – the Russians have allocated $2.5 billion for security in and around Sochi – promising a “Ring of Steel” around the games.

  • This includes surveillance cameras throughout all the Olympic facilities and between 40,000 and 70,000 troops and police officers in Sochi – far more than deployed by the British for the 2012 London Games.
  • To protect the coastline the Ministry of Interior is deploying high speed boats, all terrain vehicles (ATVs), observation equipment and thermal imaging capabilities that can detect even the smallest rubber boats, as well as special water cannons to counter combat swimmers.
  • Overhead, flights will be restricted over the Greater Sochi area and Unmanned Aerial Vehicles (UAVs) are being used to patrol the skies over the games. Preventive actions and sweeps against potential terror groups have also been conducted.

Emergency Response

In case of an incident a special emergency response group has been created composed of 1,500 rescue workers and firefighters with 100 high-tech vehicles, including four helicopters and five ships, and a unique fire engine with ten tons of water and two tons of foam. All this is managed by 16 new state-of-the-art fire and rescue centers.

Security experts from the U.S. and other countries, including two dozen FBI agents, are also attempting to cooperate with the Russians, but both Morell and U.S. Representative Mike Rogers, Chairman of the House Intelligence Committee, believe the Russians are not cooperating enough, and despite all the precautions, risks abound.

Specific Threats

Many experts believe that due to the unprecedented