Greek Crime Wave Spells Boom for Security Firms

Greece’s economic crisis is creating an unexpected boom for at least one industry.

Banks, stores and companies are hiring security guards, installing alarm systems and renting armored cars as rising hardship leads to an increase in crime. Britain’s G4S Plc and Brink’s Co. of the U.S., along with Pyrsos Security, Greece’s largest domestic private security firm, are winning new clients.