Abstract: With the diversification of risk in the contemporary world, an overall transformation of risk governance from governance target, object, to authority structure and performance evaluation system has taken place inevitably. Under this background, by using people's fear for risk, security service companies have made a great success in the risk governance. Moreover, by combining security service with special risk narrative logic, the security service companies have made risk governance a "self-producing, self-strengthening" system, in which the operation not only satisfies people's risk governance demand, but constantly creates new demands as well.