Connect with us

Business

53% of employees in the Middle East, Turkiye, and Africa region fear spying from drones

Published

on

drone

Overall, 70% of employees in the META region said their company would benefit from installing drone detection systems to protect the business from spying

LAGOS, Nigeria, October 18, 2023/APO Group/ — 

According to the results of the recent Kaspersky (www.Kaspersky.co.zaBusiness Digitisation survey that was conducted in the Middle East, Turkiye, and Africa (META) region earlier this year, 53% of employees are afraid of drone spying. Corporate spies and hackers use drones to get trade secrets, confidential information, and other sensitive data from corporations and data centers. A drone can carry a device for hacking into corporate networks – for instance, a smartphone, a compact computer (e.g., Raspberry Pi), or a signal interceptor (e.g., Wi-Fi Pineapple [1]), and hackers use these devices to access corporate data and disrupt communications. All wireless communication (Wi-Fi, Bluetooth, RFID, etc.) is vulnerable to drone attacks.

Drones bring cyberespionage to a new level as they can access data channels that a traditional off-site hacker could not obtain. Most often drone spy threat concerns were mentioned by survey respondents in the spheres of IT, manufacturing, and energy. Overall, 70% of employees in the META region said their company would benefit from installing drone detection systems to protect the business from spying.

A counter drone technology is a system used to detect, classify, and mitigate drones. These systems employ a wide combination of sensors, including radars, radio frequency analysers, cameras, lidars, jammers and other sensors, to track, analyse drone activity.

Kaspersky Threat Intelligence helps organisations increase the awareness and knowledge of high-profile cyberespionage campaigns with comprehensive and practical reporting

Overall, 77% of employees in the META region fear cyberespionage within their industry. The most frequent concerns about espionage are that it could lead to organisations losing money (mentioned by 42% of respondents) and intellectual property (24%), as well as harming business reputation (16%).

Threat intelligence plays a crucial role in countering cyberespionage by providing actionable insights and proactive measures: continuously monitoring corporate IT systems for signs of espionage-related activities such as reconnaissance and data exfiltration and identifying threat actors. Threat intelligence provides IP addresses, malware signatures, and patterns of behaviour which enable cybersecurity teams to detect and block espionage-related attacks in real-time.

“Our research showed that most business representatives understand the dangers of cyberespionage.  Getting information on the tactics, techniques and procedures used by cyber spies helps organisations adapt their defenses and develop countermeasures to thwart these tactics effectively,” comments Emad Haffar, Head of Technical Experts at Kaspersky. “Cyberespionage is typically carried out by the means of phishing, malware, exploits, and targeted attacks, but today we also need to take the threat of drone spying into account. At Kaspersky, we provide organisations with solutions to counter both ‘traditional’ means of cyber spying and new ones, like spying from drones. Kaspersky Threat Intelligence helps organisations increase the awareness and knowledge of high-profile cyberespionage campaigns with comprehensive and practical reporting. And Kaspersky Antidrone detects, classifies and mitigates unwanted objects in the air, getting all the information on the drone in one single web interface. The solution allows to monitor the airspace of the controlled zone in automatic mode.” 

To protect organisations from espionage, Kaspersky recommends organisations:

  • Update the software and drivers on all corporate IT systems.
  • Evaluate the risks the company’s digital systems face with Kaspersky Threat Intelligence (https://apo-opa.info/43V1DnQ).
  • Educate employees to minimise the chance of targeted phishing attacks. Kaspersky Automated Security Awareness Platform (https://apo-opa.info/3X1m0wN) will give employees the knowledge necessary to counter social engineering attack attempts.
  • For all-in-one protection against complex and targeted attacks, deploy a comprehensive cybersecurity solution like Kaspersky Anti Targeted Attack (KATA) (https://apo-opa.info/3MtMqmP) Platform, powered by advanced threat intelligence and mapped to the MITRE ATT&CK framework.
  • Outsource cybersecurity supervision to get additional protection and expertise from a team of professionals with Kaspersky MDR (https://apo-opa.info/3DvXkDx).
  • Use Kaspersky Antidrone (https://apo-opa.info/46W7biO) to counter the threat of spying from the air. 

Reference:

[1] A Pineapple sits between the user’s laptop and the network, inspecting the data that flows between the two. The Pineapple’s controller intercepts the information being transmitted back and forth between the network and the wireless device that’s using Wi-Fi.

Distributed by APO Group on behalf of Kaspersky.

Business

Ministers among hundreds of energy-sector leaders to attend AOW event

Published

on

Sinclair

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors”

CAPE TOWN, South Africa, October 4, 2024/APO Group/ — 

AOW: Investing in African Energy (https://AOWEnergy.com) – Africa’s leading oil, gas and energy event – has confirmed attendance for more than 80 ministers and senior officials, representing African governments, energy departments and regulators at next month’s event.

These influential stakeholders will be among the more than 1 600 senior delegates and industry leaders who will be attending the event to develop policy, share discoveries, secure investment, and shape Africa’s energy future.

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors.”

Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention

Among the officials and government ministers attending will be energy leaders from South Africa, Nigeria, Namibia, Cote d’Ivoire, Mozambique, DRC, Ghana, Kenya, Madagascar, Eswatini, Uganda, CAR, Guinea Conakry, Guinea Bissau, Ethiopia, The Gambia, Gabon, Malawi, Morocco, Zanzibar, Liberia, Senegal, Congo Brazzaville and Sierra Leone.

In addition, the event will feature high-level delegations from numerous national oil companies, as well as multilateral bodies including the African Union, (AU), African Energy Commission (AFREC), African Petroleum Producers’ Organization (APPO) and the Southern African Power Pool (SAPP).

AOW will see these energy leaders networking with C-suite executives and decision-makers from more than 760 top energy companies at daily networking events, to discuss insights, forge new relationships, and negotiate major energy deals.

“We are so excited to see the calibre of delegates at this year’s AOW event,” says Chief Executive Officer of Sankofa Events, Paul Sinclair. “Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention. The high-powered attendance proves AOW is a key platform to enable this intervention.”

Key themes to be discussed at this year’s AOW will be sustainable upstream development; expanding gas value chains; renewables and new energies; adoption of best-in-class technologies; and access to finance.

AOW: Investing in African Energy will culminate in a special anniversary party at Groot Constantia Vineyard to celebrate 30 years of the AOW event.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

Continue Reading

Business

Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos

Published

on

PAPSS

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs

CAIRO, Egypt, October 4, 2024/APO Group/ — 

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.

We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria

According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the funds in two tranches with the first tranche of US$7.48M going toward capital expenditure for the construction of the factory and the second, totalling US$13.25M to be deployed as working capital for the operations of the factory.

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs once the factory becomes operational. It is also expected to support about 40 small and medium-sized enterprises.

Commenting on the transaction, Mrs. Kanayo Awani, Executive Vice President, Intra Africa Trade and Export Development, Afreximbank, said that by supporting Starlink Global to establish a modern processing facility, Afreximbank is making it possible for Africa to add value to its agro-commodities, thereby facilitating exports and subsequent inflow of much-needed foreign exchange into the continent.

“We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria. It will contribute to value creation and to the development of the local community while also improving the lots of smallholder farmers and small business suppliers that will work with Starlink across the value chain,” Mrs. Awani added.

Distributed by APO Group on behalf of Afreximbank.

Continue Reading

Business

Sonangol to Lead Decarbonized Oil & Gas (O&G) Development, Says Angolan National Oil Company (NOC) Head

Published

on

Sonangol

Participating in an on-stage interview at Angola Oil & Gas 2024, Sonangol CEO Sebastião Gaspar Martins emphasized that oil and gas remains a core focus for the national oil company

LUANDA, Angola, October 3, 2024/APO Group/ — 

Angola’s national oil company Sonangol reiterated its commitment to driving sustainable hydrocarbon development during the Angola Oil & Gas (AOG) conference this week. Speaking during an “In-Conversation with” session, Sonangol CEO Sebastião Gaspar Martins stated that the company will not abandon oil and gas, but rather advance decarbonized oil and gas development.

We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas

By investing in upstream oil and gas production while prioritizing low-carbon projects, Sonangol aims to boost national crude output, while diversifying and decarbonizing the industry. The NOC is focusing efforts on non-associated gas development, as well as alternative energy sources such as solar.

“We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas. Gas produced from Angola LNG will be used for the production of fertilizer and we are evaluating the utilization of gas in the south of the country, linking gas with steel industries. We also have a blue carbon project, linked to the reduction of carbon through the plantation of mangroves. We have one area in Luanda and have identified four additional areas for this,” stated Gaspar Martins.

Sonangol has undergone transformation in recent years: following the creation of the National Oil, Gas & Biofuels Agency (ANPG) in 2019, Sonangol transferred its role as national concessionaire and regulator. This transformation has aimed to make Sonangol more competitive and strengthen its capacity as an upstream operator. Concurrently, the government is partially privatizing the NOC, with privatization set to be complete in 2026. This process will enhance financial capacity, allowing Sonangol to drive new upstream projects forward.

“The transformation of Sonangol started several years ago, when we passed the regulatory, concessionaire role to the ANPG. At the time, we transferred almost 600 employees to the ANPG. After that, Sonangol underwent a restructuring program where we created five core business units from 36 different entities – starting with exploration and production. We want to go public, but we want to do it properly. So, we are currently going through all the processes to do this,” stated Gaspar Martins.

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Trending