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21st Build EXPO Attracts Thousands of People

- May 4, 2018

The largest construction expo in Kenya is is currently ongoing at the Kenyatta International Conference Center. This year's edition has attracted thousands of people...

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Kaspersky (www.Kaspersky.co.za) in collaboration with VDC Research announced that in the first three quarters of 2025 ransomware attacks on manufacturing organisations could have generated over $18 billion in losses. This figure reflects just the direct cost of an idle workforce during downtime, with overall operational and financial impacts far exceeding this amount. Estimations were made across APAC, Europe, the Middle East, Africa, CIS and LATAM based on the share of manufacturing organisations where ransomware attempts were detected and prevented, the total number of manufacturing organisations in each region, average downtime hours after real attacks, average number of employees per organisation and average hourly pay. According to Kaspersky Security Network from January to September 2025, the Middle East (7%) and Latin America (6.5%) led the regional rankings in terms of ransomware detections in manufacturing organisations. APAC (6.3%), Africa (5.8%), CIS (5.2%) and Europe (3.8%) followed. All of these attacks were blocked by Kaspersky solutions. The estimation of potential losses (below) shows the financial impact if these attacks succeeded. When ransomware hits, production lines halt, triggering immediate revenue losses from an idle workforce and longer-term shortfalls from reduced output. The average attack lasts 13 days (based on the Kaspersky Incident Response Report) (https://apo-opa.co/4pA9PUK). As a result, idle labour costs from ransomware in the first three quarters of 2025 could have reached: $11.5 billion in APAC $4.4 billion in Europe $711 million in LATAM $685 million in the Middle East $507 million in CIS $446 million in Africa Actual business losses could have been significantly higher when factoring in supply-chain disruptions, reputational damage, and recovery expenses. “Our research provides an estimation of the financial impact that ransomware may have had on manufacturing worldwide. The growing complexity of manufacturing environments, along with widening expertise gaps and ongoing labour challenges, makes it difficult for most organisations to manage cybersecurity effectively, but failure to do so may result in financial losses – followed by reputational blows as well. Partnering with proven cybersecurity vendors is paramount for effective IT, OT and IIoT protection,” comments Jared Weiner, Research Director, Industrial Automation & Sensors at VDC Research. “No region is exempt from ransomware – whether it’s the Middle East, LATAM, APAC, CIS, Africa or Europe, every manufacturing hub is constantly being targeted. Mid-tier manufacturers that could have been overlooked by threat actors in the past are also among the targets because their security budgets are smaller and their supply chain disruption effects can be larger than most realise. The manufacturing sector and all other organisations need reliable, proven defence systems and continuous user education,” comments Dmitry Galov, Head of Research Center for Russia and CIS at Kaspersky's GReAT. More information about ransomware in different regions is available in Kaspersky’s 2025 State of Ransomware Report (https://apo-opa.co/43LYE2H). Kaspersky encourages organisations to follow these best practices to safeguard from ransomware: Enable ransomware protection for all endpoints. There is a free Kaspersky Anti-Ransomware Tool for Business (https://apo-opa.co/48fN4xZ) that shields computers and servers from ransomware and other types of malware, prevents exploits and is compatible with already installed security solutions. For comprehensive protection of industrial and critical sectors, Kaspersky offers a distinctive ecosystem that seamlessly integrates dedicated OT-grade technologies, expert knowledge and invaluable expertise. At the core of this ecosystem is Kaspersky Industrial CyberSecurity (KICS) (https://apo-opa.co/3K8S27W), a native Extended Detection and Response (XDR) platform designed for critical infrastructure protection. It provides robust network traffic analysis, along with endpoint protection, detection and response capabilities. This comprehensive solution integrates traditional IT security measures with purpose-built industrial security technologies, ensuring that your company is well-equipped to face any threat. Companies from non-industrial sectors can protect themselves by installing anti-APT and EDR solutions that enable capabilities for advanced threat discovery and detection, investigation and timely remediation of incidents. Organisations can also provide their SOC teams with access to the latest threat intelligence (https://apo-opa.co/4oZWhSr) and regularly upskill them with professional training. All of the above is available within Kaspersky Next Expert (https://apo-opa.co/4rpBklE).

Kaspersky and VDC Research reveal over $18B in potential losses from...

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The National Oil Corporation of Kenya Ltd (NOC) has entered into a strategic partnership with RUBiS Energy Kenya, marking a significant milestone in the enhancement of Kenya's oil and gas sector. This collaboration follows the successful completion of the Specially Permitted Procurement Procedure (SPPP) for a non-equity strategic partner, in compliance with the Public Procurement and Asset Disposal Act, 2015 (PPADA). During the signing of the agreement, Hon. Opiyo Wandayi, Cabinet Secretary for Energy and Petroleum, expressed enthusiasm about the partnership, stating, "This collaboration marks a transformative step in strengthening the National Oil Corporation of Kenya, enhancing its capacity and creating long-term value for the citizens of this great republic. With this renewed profitability, the Corporation will be well-positioned to generate returns and, in the future, begin paying dividends to its shareholder." Leparan Ole Morintat, CEO & Managing Director of NOC, highlighted the industry's challenges, noting, " “This sector is highly complex and capital-intensive, requiring substantial investment and operational flexibility to stay competitive. Given the significant demand for government resources, securing shareholder capital injection was not feasible. As a result, NOC sought a non-equity strategic partner to provide the financial support and technical expertise needed to revitalize the company and restore profitability. This process, initiated in 2019, has now culminated in the selection of RUBiS Energy Kenya as our non-equity strategic partner.” The partnership is a key component of NOC’s broader turnaround strategy, which aims to scale up its downstream operations and strengthen its position in the petroleum products trading and marketing space. NOC’s turnaround plan is designed to ensure security of petroleum supply, stabilize fuel prices, and reduce the cost of living and doing business in Kenya. The partnership will also aid in clearing legacy debts and improving financial sustainability. As a non-equity strategic partner, RUBiS Energy Kenya will provide financial support, working capital financing, market development initiatives, and capital expenditure (CAPEX) financing for rebranding, rehabilitation, and expansion of NOC’s retail network. The partnership also encompasses training, capacity building, skills transfer for NOC staff, the deployment of a new Enterprise Resource Planning (ERP) system to improve business processes and customer experience, and collaboration in the fuel card business to enhance customer engagement and service delivery. Olivier Sabrié, CEO of RUBiS Energie East Africa and Managing Director of RUBiS Energy Kenya, emphasized the importance of strategic partnerships, stating, “In today’s dynamic market environment, collaborations are key to driving growth and success. By leveraging diverse expertise, resources, and networks, we can create a competitive edge and generate value for all stakeholders involved. RUBiS Energy Kenya is committed to supporting the Corporation through working capital financing, management and branding support, and transferring critical capabilities and skills to the National Oil team.”

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