Daily Archives: May 14, 2017
Business growth remains high on the African boardroom agenda despite economic and socio-political headwinds
7000+ energy and water experts to meet in Cape Town
Six months of Trump, de-risking renewable energy investments and country project pipelines are just some of the key sessions during the upcoming African Power Finance & Investment Forum that is part of the African Utility Week conference and expo at the CTICC in Cape Town from 16-18 May.
Two global energy powers met today for the first Equatorial Guinea-Saudi Arabia Economic Forum, organized by the Ministry of Mines and Hydrocarbons of Equatorial Guinea. The historic event was hosted by the Jeddah Chamber and brought together senior government officials from both countries to discuss investment in crucial economic sectors of energy, agriculture, fisheries, and mining. H.E. President Teodoro Obiang Nguema Mbasogo brought a delegation of cabinet members to present investment opportunities to Saudi officials and investors. Proceedings were opened by H.E. President Obiang and Saleh Abdullah Kamel, Chairman of the Jeddah Chamber.
The stars are perfectly aligned for a swift and massive breakthrough of small-scale solar energy production in urban areas. This could completely change the world, the planet’s energy generation and save the environment. However, there are also obstacles to this bright future from the unlikeliest of sources.
“We have seen ransomware attacks against the NHS in the past including Barts Health Trust in January. However this looks to be more serious and is potentially targeting core systems used by multiple hospitals. Unfortunately the ransomware ‘business model’ is very profitable for cyber criminals and we’ve seen multiple reports of organisations paying out in the past,” said Rick Holland, Vice President, Strategy, Digital Shadows. “Keeping up-to-date with ransomware is not easy, there are many variants. Many do get shut down and their encryption cracked, only for another version to spring up – therefore it’s a constant game of constant cat and mouse. Those within the NHS will now be looking to contain the threat. We can only hope that adequate back up measures have been put in place so that vital data can be restored and systems cleaned. Most ransomware locks data rather than steals it – if that is the case here then the threat can be somewhat contained,” Rick concluded.