Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Technology > Netherlands to hire private firms for North Sea security amid Russian threats
    Technology

    Netherlands to hire private firms for North Sea security amid Russian threats

    Published by Uma Rajagopal

    Posted on November 20, 2024

    1 min read

    Last updated: January 28, 2026

    The image depicts a Dutch Navy patrol boat operating in the North Sea, highlighting the Netherlands' efforts to enhance security against potential Russian sabotage of critical infrastructure.
    Dutch Navy patrol boat securing North Sea against Russian threats - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:securityinsurancerisk managementinvestmentfinancial services

    Quick Summary

    AMSTERDAM (Reuters) – The Netherlands plans to temporarily enlist additional personnel and equipment from private companies to

    AMSTERDAM (Reuters) – The Netherlands plans to temporarily enlist additional personnel and equipment from private companies to strengthen security in its part of the North Sea, the Defence Ministry said on Wednesday, confirming media reports.

    The decision follows reports last year from Dutch military intelligence agency MIVD that Dutch North Sea infrastructure, such as gas pipes and windmills, is the target of Russian sabotage activities. In April, MIVD said Russia may also seek to sabotage the numerous data hubs in the North Sea region.

    “This measure is intended to bridge the gap until two new multifunctional support vessels can be deployed into the navy, expected in 2026,” a ministry spokesperson added.

    The ministry would not specify which companies it had been talking to, nor if it was only talking to Dutch or European companies.

    The Dutch section of the North Sea is about one and a half times larger than the Netherlands’ land territory and ranks among the busiest shipping regions in the world.

    Earlier this week, two undersea fibre-optic communications cables in the Baltic Sea, including one linking Finland and Germany, were severed, which raised suspicions of sabotage.

    (Reporting by Charlotte Van Campenhout, Editing by William Maclean)

    Frequently Asked Questions about Netherlands to hire private firms for North Sea security amid Russian threats

    1What is security?

    Security refers to the measures taken to protect a country, organization, or individual from threats, including physical harm, cyber attacks, or sabotage.

    2What is risk management?

    Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings, including financial, operational, and reputational risks.

    3What is investment?

    Investment is the allocation of resources, usually money, in order to generate income or profit. It can involve purchasing assets like stocks, bonds, or real estate.

    More from Technology

    Explore more articles in the Technology category

    Image for Debtist: Digital Debt Collection for Modern Businesses
    Debtist: Digital Debt Collection for Modern Businesses
    Image for Infosecurity Europe launches new Cyber Startup Programme to champion the next generation of cybersecurity innovators
    Infosecurity Europe launches new Cyber Startup Programme to champion the next generation of cybersecurity innovators
    Image for BLOXX Launches ĀRIKI BLOXX at Web Summit Qatar
    BLOXX Launches ĀRIKI BLOXX at Web Summit Qatar
    Image for Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Image for Over half of organisations predict their OT environments will be targeted by cyber attacks
    Over half of organisations predict their OT environments will be targeted by cyber attacks
    Image for Engineering Financial Innovation in Renewable Energy and Climate Technology
    Engineering Financial Innovation in Renewable Energy and Climate Technology
    Image for Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Image for Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Image for In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    Image for Ballerine Launches Trusted Agentic Commerce Governance Platform
    Ballerine Launches Trusted Agentic Commerce Governance Platform
    Image for Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Image for The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    View All Technology Posts
    Previous Technology PostKPMG to spend $100 million on AI partnership with Google Cloud
    Next Technology PostChina overtakes Germany in industrial use of robots, says report