Heavy Military Deployment Expected to Reduce Security Risks at Olympic Games in Rio, IHS Markit Says

85,000 security personnel for Brazil’s Olympic Games double number at
London in 2012

LEXINGTON, Mass.–(BUSINESS WIRE)–The main threat to visitors of the 2016 Olympic Games in Rio de Janeiro
is street robbery: having wallets, mobile phones, purses, or jewelry
stolen, sometimes with the threat or use of violence. Those venturing
outside tourist zones and Olympic sites are at particular risk,
according to Rio
City Risk Intelligence from IHS Markit (Nasdaq: INFO), a world
leader in critical information, analytics and solutions.

“A total of 85,000 security personnel will be deployed in Olympic venues
and tourist areas, double the number mobilized during the London 2012
Olympics, and more than the 2014 Brazil World Cup,” according to Carlos
Caicedo, senior principal analyst, IHS
Country Risk. “IHS assesses that this saturation of security force
deployment will be effective in containing crime, unrest and vandalism
during the Olympics, as was the case during the World Cup.”

Theft hotspots include downtown Rio, particularly the areas close to
Uruguaina, Presidente Vargas and Central Metro stations. Additional
spots include the main hotel areas, specifically the beach promenades of
Copacabana, Leblon and Ipanema, where tourists are less alert,
facilitating opportunistic snatch-and-run theft. Homicide affects mostly
locals in the city’s slums rather than tourist zones or areas located
near Olympic sites.

The total cost of the Rio Games came in at USD 4.1 billion, well below
the USD 6.4 billion included in the original bidding. This compares well
with the London 2012 Games, which cost USD 6.5 billion. It is also worth
noting that about 70 percent of the total cost of the Rio games was
funded by the private sector.

Additionally, the Federal government has also authorized extraordinary
aid worth USD 850 million, which is being used to pay wages of public
servants, particularly police officers, who had not received their
salaries since May. This is likely to mitigate the risk of police, who
protested at Rio’s Galeão international airport in late June and early
July, from going on strike during the Olympic Games.

Rio
City Risk Intelligence assesses street-level risk intelligence based
on a comprehensive assessment of the latest open source events,
statistical crime rate data and on the ground human source intelligence.
This service from IHS delivers clear, precise, high-resolution
interactive map layers of risks.

About IHS Markit (www.ihsmarkit.com)

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