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Cyber-wellness Means Cyber-aware

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Cyber-wellness

Tired? Stressed? Distracted? The overwhelm of 2022 is affecting how people respond to cybersecurity threats

JOHANNESBURG, South Africa, August 17, 2022/APO Group/ — 

The ongoing stress of the global pandemic, war, inflation and global uncertainty has made it difficult for people to manage everyday decision-making. As a recent survey by the APA (https://bit.ly/3CcB0PR) found, one third of people have such high stress levels that they are battling to decide what to wear or what to eat. Mental health issues are now considered by many to be the pandemic of 2022 (https://bit.ly/3QwVWWa) and, in South Africa, this is further impacted by additional stress factors such as the cost of living, crime and loadshedding. And, as people juggle these challenges on a daily basis, they are struggling to pay attention and make decisions which is, as Anna Collard, SVP Content Strategy and Evangelist at KnowBe4 (www.KnowBe4.com) Africa, points out, making them more vulnerable to cybersecurity threats.

“It’s easy to see how stress and overwhelm make it easy for people to make simple cybersecurity mistakes,” she adds. “You’re tired, you’re not paying attention, you click on a link you’d normally avoid. You’re distracted and, in a rush, so you open an attachment you’d usually ignore. This is how the scammers and criminals are increasingly catching people unawares and putting both personal and business security at risk.”

People need to realise that their personal wellbeing is directly connected to maintaining their online security

The risk of being phished or defrauded rises incrementally with how tired and worn-out a person may be – research finding that 41% of employees (https://bit.ly/3QwApN5) miss a phish because they are tired and 47% because they are distracted. In daily life, this can translate to falling for a fake email while getting into the car on the way to a meeting, only to have payment information phished by a spoof site. Or to click on an email that has been carefully designed to look like it is an urgent work message from HR only for it to be a scammer stealing your login credentials for the office. Every tap and click is an easy mistake that will cost money and the business.

“Our modern lives with mobile devices, apps, email and social media constantly fighting for our attention, result in cognitive overload and multi-tasking. This in turn makes us more error prone, stressed and also more susceptible to social engineering attacks. This is one of the reasons why companies should invest into wellness and mental wellbeing for their employees,” says Collard. “And why security training should be linked to being present and, in the moment, and taking time to process information. People need to realise that their personal wellbeing is directly connected to maintaining their online security.”

Most companies would not associate security as a direct benefit of employee wellness. Usually that is the remit of productivity, or improved employee engagement. However, by considering how easily people make mistakes when they are tired, burned out or disengaged, companies are absolutely investing into their long-term business security. When we are stressed, the part of our brain that deals with decision making is taken over by our fear centre, decreasing our ability to think critically and focus. On the flipside, when we are calm, we are more able to focus, think clearly and make better choices.

“The goal is to keep the mind active when it comes to very specific decision-making when confronted by potential phishing emails or cyber threats,” says Collard. “Cybercriminals as well as fake news use emotional triggering content such as fear, greed or curiosity to trick us out of critical thinking.  If we learn to use our heightened emotions as early warning signs and apply mindfulness techniques to quiet down, focus and pay attention before we react, we can remain in control, focus better and in turn prevent cyber attacks.

Security training is essential for the modern business, especially when it comes to giving employees the tools, they need to recognise threats and make informed decisions. However, as the world moves through the fallout from the pandemic, global uncertainty and ongoing stress, adding a wellness dimension to security training is fast becoming a critical factor in ensuring that the training kicks in when the tiredness takes over.

Distributed by APO Group on behalf of KnowBe4.

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

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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.

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

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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.

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

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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.

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