As many as 500 security firms are operating in Trinidad and Tobago without proper regulation and standards.
This was revealed yesterday by Office of Law Enforcement Policy (OLEP) representative Curtis Belrond during a National Security Symposium at the Hyatt Regency, Port of Spain.
The Symposium was held to discuss the prevalence and growth of private security companies in T&T, the absence of regulation and the impact on national security.
Speaking on the matter, Belrond said only about 20 to 25 private security firms are operating officially and within an acceptable standard.
He said while it was difficult to determine the size of the private security industry, it is estimated that more than 50,000 persons are employed within the unregulated industry.
Belrond said there was a need to regulate the industry as some private companies engage in questionable practices such as the hiring of undocumented workers who are subject to exploitation.