Baltic Security
Baltic Security is a licensed private detective and security agency in Riga, Latvia, founded in 1992, serving multinational corporations, financial institutions, law firms, insurers, and high-net-worth individuals with fraud investigations, due diligence, background checks, VIP protection, and risk assessment across the Baltic states and worldwide.
- Company typePrivate
- Founded1992
- HeadquartersRiga, Latvia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Baltic Security does
Baltic Security is a licensed private detective and security services agency headquartered in Riga, Latvia, operating since 1992 under the Latvian law on Detective Activity. The company delivers a portfolio of investigative and protective services, including due diligence, background checks, fraud investigations (corporate, insurance, vehicle, and medical), private detective services (missing persons, surveillance, witness location), process service, close protection and VIP security, risk assessment, commercial intelligence, and internal advisory for corporate fraud matters. Its underlying capability is built on human intelligence, field surveillance, and open-source intelligence gathering, supplemented by a proprietary surveillance methodology called the "Rule of Five W.E." (combining five client requirement dimensions with a five-step execution framework).
The firm serves a diverse international client base that includes multinational corporations, Fortune 100 companies, international financial institutions, insurance carriers, law firms, government bodies, and high-net-worth individuals, with operational reach across the Baltic states, Russia, the UK, and the USA, plus worldwide coverage through partner networks. It is the only investigative company in the Baltics with an active Certified Fraud Examiner (CFE) on its board, and the CEO is a former head of Criminal Police Moscow District in Riga with a PhD from the Academy of Management of the USSR Ministry of Internal Affairs. The company maintains memberships in the World Association of Detectives, ACFE, ASIS International, the International Federation of Investigators, and the Association of British Investigators, and its CEO presented at the 2012 ACFE European Fraud Conference.
Revenue is generated through professional services engagements, with quote-based, project-specific pricing and multi-year contract cadences, supplemented by hourly, daily, and retainer arrangements for security work. Distribution is sales-led, relying on direct phone and email outreach, a tri-lingual (English, Russian, Latvian) website, and partner/referral channels. The firm has 1-10 employees, no disclosed external funding, no parent company, and operates as a founder/management-controlled private business, with the firm choosing to remain small after more than three decades.
Baltic Security firmographics
Firmographics- Name
- Baltic Security
- Legal name
- Baltic Security
- Website
- https://balticsecurity.org
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Baltic Security is a licensed private detective and security agency in Riga, Latvia, founded in 1992, serving multinational corporations, financial institutions, law firms, insurers, and high-net-worth individuals with fraud investigations, due diligence, background checks, VIP protection, and risk assessment across the Baltic states and worldwide.
- Ownership category
- akta.pro rank
Baltic Security industry classification
Industry- Product category
- Private Investigation and Security Services
- NAICS
- Investigation, Guard, and Armored Car Services (56161)
- SIC
- Services-Detective, Guard & Armored Car Services (7381)
- akta.pro primary industry
- Private Security & Close Protection (VIP) (HSACAMAF)
- akta.pro secondary industries
- Security Services for Travelers (Executive Protection, Secure Transport) (THACAEAE), Executive Protection & VIP Close Protection (THAHALAE)
Keywords
Where Baltic Security is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices1 record
Markets served
Baltic Security business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investigative Services: Professional investigative services including due diligence, fraud investigations, background checks, asset tracing, and private detective services. Billed as project-based engagements or retainers for ongoing client relationships.
- Security Services: Close protection and VIP security services offered as hourly engagements, daily rates, or retainer arrangements for executive protection during travel or events.
- Internal Advisory Services: Custom-made internal investigation advisory services for enterprises dealing with internal theft, employee fraud, and corporate fraud. Tailored solutions for small to midsize businesses in Baltic countries.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom project-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Baltic Security product offering
Product offeringCore offering
Baltic Security is a licensed private detective and security services agency that provides investigative services (due diligence, fraud investigations, background checks, private detective work), executive/VIP close protection, process service for legal documents, risk assessment, commercial intelligence, and internal advisory for corporate fraud. The company serves corporate clients, law firms, insurance companies, and high-net-worth individuals across the Baltic states, Russia, UK, USA, and worldwide through partner networks.
Product overview
Baltic Security operates as a licensed private detective and security services agency offering a comprehensive portfolio of investigative and protective services. The core offering includes Due Diligence, Background Check, Fraud Investigations, and Private Detectives for investigative needs, supplemented by Close Protection (executive/VIP security), Risk Assessment, Commercial Intelligence, and Internal Advisory services. The company also provides Process Service for legal document delivery. Services are available primarily in Latvia, Lithuania, and Estonia with global coverage through partner networks. The company has been operating since 1992 and is licensed under Latvian law on detective activity.
Differentiator
Problem solved
Functional benefit
Products and services
- Due Diligence
- Background Check Background investigation services to verify the reliability of individuals and legal/private entities, performed in compliance with Latvian law on detective activity. Used by corporate clients for employment screening and entity verification.
- Fraud Investigations Complex international fraud investigations covering corporate fraud, insurance fraud, vehicle accident fraud, and medical insurance fraud. Performed across Latvia, Lithuania, Estonia, and worldwide through partner networks.
- Private Detectives Professional private investigative services including missing person searches, surveillance, and witness location. Provided by licensed private detectives under Latvian law on Detective Activity enacted in 2001.
- Process Service Service of legal documents and claims in Riga, Tallinn, Vilnius and surrounding areas, including service by email. Used by law firms and attorneys needing legal document delivery in the Baltic states.
- Close Protection Executive protection and VIP security services including bodyguards, driver-bodyguards, and mobile response teams. Targets executives and high-net-worth individuals during business trips or events in the Baltic states and Eastern Europe.
- Risk Assessment Comprehensive risk assessment services covering finance, insurance, banking, forestry, retail, manufacturing, logistics, and electronic appliances retail sectors. Used by corporate clients for sector-specific risk evaluation.
- Commercial Intelligence Comprehensive legal, ethical open-source intelligence (market research) focusing primarily on competitors and their capabilities within shared market spaces. Offered in Baltics, Russia, UK, USA, and worldwide.
- Internal Advisory Custom-made internal investigation advisory services for detecting and investigating potential internal fraud, employee fraud, and corporate fraud. Tailored solutions for small to midsize businesses in Baltic countries.
Quantifiable outcome
- Successfully investigated multi-million dollar medical insurance fraud in Latvia/Lithuania involving UK client
- +2 more outcomes
Companies that use Baltic Security
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles4 records
Baltic Security technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Baltic Security partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- World Association of Detectives (WAD)coreMembership in World Association of Detectives - international professional organization for private investigators and security professionals. Provides networking, standards development, and industry credibility.
- Association of Certified Fraud Examiners (ACFE)coreMembership and active participation in ACFE. CEO Vladislav Chernousov holds CFE certification and presented at ACFE European Fraud Conference 2012. Company is the only investigative firm in Baltics with CFE on board.
- Society for Baltic Security (SBS)coreBaltic Security is associated with Society for Baltic Security - a professional organization for security industry professionals in the Baltic region. CEO Mikhail Chernousov serves as Chairman of the organization.
- International Federation of InvestigatorsminorMembership in international federation of investigators providing worldwide coverage through partner agencies for cross-border investigations.
- ASIS InternationalminorMembership in ASIS International - global organization for security professionals. Company maintains digital badge showing ASIS membership status.
- Association of British Investigators LtdminorCollaboration with Association of British Investigators for process service and investigative services coordination between UK and Baltic regions.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Baltic Security competitors and assessment
Company assessmentBroad incumbents
- Kroll: Global investigations, due diligence, and security consulting firm. Overlaps with Baltic Security on fraud investigations, due diligence, background checks, and asset tracing, but operates at much larger scale and broader geographic footprint.
- Pinkerton: Long-established corporate security and investigations firm offering background checks, due diligence, fraud investigations, and executive protection. Directly comparable service lines to Baltic Security with global reach.
- Aon (Risk Solutions / Investigations): Global professional services firm providing risk management, due diligence, and investigative services through its risk solutions practice. Overlaps with Baltic Security on enterprise due diligence and fraud investigation work.
- Control Risks: International risk consultancy offering investigations, political and security risk advisory, and executive protection. Closely comparable service portfolio to Baltic Security, with deep expertise in emerging markets including Eastern Europe.
- G4S (now Allied Universal): One of the world's largest security services companies, providing manned guarding, secure transport, and risk consulting. Overlaps with Baltic Security's close protection and security services, though at vastly greater scale and broader portfolio.
- FTI Consulting (Investigations segment): Global advisory firm with a dedicated forensic and investigations practice covering fraud, due diligence, and asset tracing. Comparable to Baltic Security on complex cross-border fraud matters, though serving much larger enterprise clients.
Direct peers
- Global Intelligence Services: European private investigation firm offering due diligence, fraud investigations, and background checks with multi-jurisdictional coverage. Direct peer in size and service mix to Baltic Security.
- International Investigator & Security Group (IISG): Boutique international investigations and executive protection firm operating across Europe. Directly comparable to Baltic Security in scope (fraud, due diligence, close protection) and mid-size boutique positioning.
Regional players
- Bullock International & Associates: U.S.-focused private investigation firm with strong European referral network for cross-border cases. Comparable service mix (fraud, due diligence, surveillance) and similar boutique positioning, but with a North American home market.
Emerging players
- IPOL Risk Advisory: Specialized investigations and risk advisory firm with focus on Central and Eastern Europe. Comparable to Baltic Security on regional expertise and cross-border investigations, though newer and more niche in scope.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Baltic Security social profiles
Digital presenceBaltic Security compliance and trust
Trust signalCompliance4 records
Baltic Security financial estimates
Financial estimateRevenue estimate
Valuation estimate
Baltic Security leadership team
Management profileNumber of profiles
Profiles1 record
Baltic Security funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Baltic Security M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Baltic Security
What does Baltic Security do?
Baltic Security is a licensed private detective and security services agency that provides investigative services (due diligence, fraud investigations, background checks, private detective work), executive/VIP close protection, process service for legal documents, risk assessment, commercial intelligence, and internal advisory for corporate fraud. The company serves corporate clients, law firms, insurance companies, and high-net-worth individuals across the Baltic states, Russia, UK, USA, and worldwide through partner networks.
Is Baltic Security a public or private company?
Baltic Security is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Baltic Security founded?
Baltic Security was founded in 1992. It employs 1 to 10 people.
Where is Baltic Security based?
Baltic Security is headquartered in Riga, Latvia, in the Europe region.
How does Baltic Security make money?
Three revenue lines are on record. Investigative Services are the primary driver. The others are security Services and internal Advisory Services.
Who are Baltic Security's main competitors?
Broad incumbents on record are Kroll, Pinkerton, Aon (Risk Solutions / Investigations), Control Risks, G4S (now Allied Universal) and FTI Consulting (Investigations segment). Direct peers are Global Intelligence Services and International Investigator & Security Group (IISG). Bullock International & Associates is listed as a regional player. IPOL Risk Advisory is listed as an emerging player.
Does Baltic Security have an API?
No public API is recorded for Baltic Security.
What industry is Baltic Security in?
Baltic Security's product category is Private Investigation and Security Services. Its primary akta.pro industry code is HSACAMAF, Private Security & Close Protection (VIP), with a secondary code of THACAEAE, Security Services for Travelers (Executive Protection, Secure Transport). Its NAICS code is 56161 and its SIC code is 7381.