Tasks facing Korea's private security business, and its prospects for the 2000's

Abstract

This thesis forecasts changes in both the domestic and overseas public security circumstances, and analyzes the status of Korea's private security, discussing Korea's private security tasks and prospects for the 2000's, based on the results of problem analysis. Korea's private security business began in the early 60's, and has independently developed since the Security Services Act was established in 1977. Since the early 80's, the private security business has marked rapid growth, thanks to the introduction of Japanese private security capital and technology; and, since the successful holding of the ‘86 Asian Games and the ‘88 Seoul Olympics, the private security business has enjoyed remarkable growth year after year. However, behind such growth lie many problem areas. The internal problems afflicting private security service companies include; first, the private security service providers concentrate too much on labor‐based security; second, equipment‐based security business is limited; third, private s...