Private military and security companies (PMSCs) are established actors in the global militaryindustry. The adaptation to utilize PMSCs as a complement to national militaries has increased their importance significantly. PMSCs have gained attention due to similarities with outlawed mercenary activity, causing legal implications and difficulties regulating them. However, the risks that PMSC recruits experience are not addressed sufficiently. Thus, this study aims to scrutinize and analyze how PMSCs recruitment relates to risk, which risks exist for the recruits, and how the recruits’ origin affects risks. By developing the idea of Risk-Transfer War with the Global South and Global North concept, the study gains insight into how Risk-Transfer can beextended to the private military industry. The study shows that economic, physical, and political risks are present for PMSC recruits, and the recruits from the Global South are the most affectedby them. The globalized private military industry enables countries that utilize PMSCs which recruit from the Global South, to get a cheaper, more flexible workforce with fewer politicalimplications. However, the Global South recruits are paid less than their Northern colleagues, they are getting little to no recognition for their sacrifices while risking their lives for the secompanies in hopes of a better livelihood. By understanding PMSCs and their recruitmentprocesses better, we can adjust issues in current regulations.