There are currently 150 security companies, employing about 120,000 people offering services such as surveillance and custodial care among other things.
"These kinds of services are mainly sought by businesses and neighborhoods, due to a distrust of the services provided by state security forces.
Security staff are just one facet of the security industry, which includes other products and services such as CCTV systems, surveillance cameras, motion sensors, alarms, life insurance, anti theft barbed wire, security wall construction, armoured vehicles, protective clothing, weapons and defensive localisation systems", published Prensalibre.com
Employers indicate that the cost of paying extortion fees on productive or commercial activities, can amount to up to 1% of sales.
S21.com.gt reports that "The country's industrialists have declared taken their concerns to the Minister of the Interior where they reported being victims of extortion and theft and a killing spree that is maintaining a 'climate of anxiety' in the country, said Javier Zepeda, president of the Chamber of Industry (CIG by its initials in Spanish). "