scholarly journals Cyber Attack on Saudi Aramco

2016 ◽  
Vol 11 (5) ◽  
pp. 3037-3039
Author(s):  
Sahar Alshathry
Keyword(s):  
Saudi Arabia ◽  
Oil Production ◽  
Cyber Attack ◽  
Hard Drives ◽  
The World ◽  
Saudi Aramco ◽  
Entire World ◽  
Production Company ◽  
The Impact

 Saudi Aramco is the largest oil production company in the entire world. It supplies almost almost 1/10th of the oil in the world. The economy of Saudi Arabia is highly dependent on the production of oil.Aramco got attacked by a virus  named Shamoon on 15th August 2012. It was one of the most disrupting cyber-attack that was carried out against the business. Shamoon had spread from the network of the company and it wiped out the hard drives of the computers. The virus infected almost thirty thousand of workstations during the mid of August .The paper will discus the impact of the cyber attack on the oil production on Saudi Aramco. In addition, the analysis and the mechanisms that the attackers used to launch the virus. This research explains how Saudi Aramco recovered form the cyber attack. 

scholarly journals Impact of Cyber Attack on Saudi Aramco

2021 ◽  
pp. 13-21
Author(s):  
Mohammed. I I.alghamdi ◽  
Keyword(s):  
Saudi Arabia ◽  
Oil Production ◽  
Cyber Attack ◽  
Security Measures ◽  
Hard Drives ◽  
The World ◽  
Saudi Aramco ◽  
History Of

Saudi Aramco is the world’s leading oil producer based in Saudi Arabia. Around 1/10th of oil is exported from this organization to the world. Oil production is the major source of revenue for Saudi Arabia and its economy relies completely on it. The Shamoon virus attacked Saudi Aramco in August 2012. The country receives over 80% to 90% of total revenues from the exports of oil and contributes over 40% of the GDP [8]. Shamoon spread from the company's network and removed all of the hard drives. The company was limited only to office workstations and the software was not affected by the virus, due to which all technical operations could have been affected. It was the most disastrous cyber attack in the history of Saudi Arabia. Around 30,000 workstations had been infected by the virus. This paper also discusses the effects of Ransomware which recently attacked Aramco. Apart from that, we will also discuss some suggestions and security measures to prevent those attacks.

scholarly journals Increased Emergency Calls during the COVID-19 Pandemic in Saudi Arabia: A National Retrospective Study

Healthcare ◽  
2020 ◽  
Vol 9 (1) ◽  
pp. 14
Author(s):  
Ahmed Al-Wathinani ◽  
Attila J. Hertelendy ◽  
Sultana Alhurishi ◽  
Abdulmajeed Mobrad ◽  
Riyadh Alhazmi ◽  
...  
Keyword(s):  
Saudi Arabia ◽  
Retrospective Study ◽  
Emergency Medical Services ◽  
Indirect Effect ◽  
Mobile Application ◽  
Healthcare Systems ◽  
Emergency Calls ◽  
The World ◽  
Staffing Patterns ◽  
The Impact

The coronavirus 2019 (COVID-19) pandemic has a direct and indirect effect on the different healthcare systems around the world. In this study, we aim to describe the impact on the utilization of emergency medical services (EMS) in Saudi Arabia during the COVID-19 pandemic. We studied cumulative data from emergency calls collected from the SRCA. Data were separated into three periods: before COVID-19 (1 January–29 February 2020), during COVID-19 (1 March–23 April 2020), and during the Holy Month of Ramadan (24 April–23 May 2020). A marked increase of cases was handled during the COVID-19 period compared to the number before pandemic. Increases in all types of cases, except for those related to trauma, occurred during COVID-19, with all regions experiencing increased call volumes during COVID-19 compared with before pandemic. Demand for EMS significantly increased throughout Saudi Arabia during the pandemic period. Use of the mobile application ASAFNY to request an ambulance almost doubled during the pandemic but remained a small fraction of total calls. Altered weekly call patterns and increased call volume during the pandemic indicated not only a need for increased staff but an alteration in staffing patterns.

OPEC quotas may have small impact

2016 ◽  
Keyword(s):  
Saudi Arabia ◽  
Oil Production ◽  
Change Strategy ◽  
Content Type ◽  
Small Impact ◽  
Future Action ◽  
The Us ◽  
Policy Direction ◽  
The Impact

Significance OPEC's decision to try to agree new quotas for its members, albeit with key exemptions, suggests a fragile consensus is growing around a change in policy direction towards cooperation. Impacts Perceptions will strengthen that Saudi Arabia is prepared to change strategy. A framework and platform for future action should allow OPEC to reassert its cartel position. Agreement on quotas is unlikely to reduce export volumes much, limiting the impact on prices. The prospect of a deal will see further additions to the US rig count, with implications for US oil production in 2017. If prices rise, encouraging more investment, and Libyan and Nigerian output recovers, OPEC output could rise even if quotas are imposed.

scholarly journals PRÁCTICAS DE ASEGURAMIENTO CORPORATIVO EN LAS PLATAFORMAS TECNOLÓGICAS DE COLABORACIÓN – ECONOMÍA COLABORATIVA

2019 ◽  
Vol 10 ◽  
pp. 121-134
Author(s):  
DEISY CASTIBLANCO ◽  
Keyword(s):  
Technological Innovation ◽  
Cell Phone ◽  
Social Economic ◽  
Economy Model ◽  
Travel And Tourism ◽  
Goods And Services ◽  
The World ◽  
Entire World ◽  
Tourism Services ◽  
The Impact

A ghost travels the entire world. This is the socalled collaborative economy that, as they confirmed, will move 235,000 million dollars in 2025. The idea of ??that ghost, which is defined as an economic system in which goods and services are shared and exchanged, through platforms digital The list of applications is innumerable around the world, Airbnb, Uber, Lyft, BlaBlaCar, GuesttoGuest, Parkfy, Unnea, in Colombia there are several, the most popular OLX, Uber, Airbnb, Rappi, Didi, Picap, Beat, Ubet eats among many more options of this so-called collaborative economy. This economy facilitates the needs, practical cravings of the daily life of citizens in terms of transportation, food, travel and tourism services, fun just by entering the cell phone and waiting for them to do things for you, however there are consequences at a social, economic level and environmental of this great technological innovation and economy model, which is necessary to know in depth to determine the impact and whether or not there is regulation by the competent Colombian entities.

scholarly journals Commercial production of oil from oil shale and possible changes in the world oil market configuration

2012 ◽  
pp. 125-131
Author(s):  
T. V. Polyakova
Keyword(s):  
North America ◽  
Oil Shale ◽  
Oil Production ◽  
Commercial Production ◽  
Shale Oil ◽  
Oil Market ◽  
Global Center ◽  
The World ◽  
The Impact ◽  
Commercial Oil

The world oil market is changing rapidly, there rises a new global center of world oil production – North America, which production opportunities are estimated by experts as outperforming those of Middle East. This is made possible thanks to inception of commercial oil production from oil shale in North America. The article deals with the problems and prospects of the development of shale oil in the U.S. and the impact of the growth of its production on the configuration of the world oil market.

scholarly journals The Impact of Covid-19 Pandemic and Social Distancing on Banks’ Asset Quality: An International Evidence

2021 ◽  
Vol 6 (6) ◽  
pp. 12-16
Author(s):  
Nader Alber ◽  
Mohamed Dabour
Keyword(s):  
Saudi Arabia ◽  
World Health ◽  
Social Distancing ◽  
Nonperforming Loans ◽  
International Evidence ◽  
The World ◽  
Average Change ◽  
Health Organization ◽  
Asset Quality ◽  
The Impact

This paper aims at testing the significance of each of Covid-19 pandemic and social distancing on banks’ asset quality, using a sample of 30 banks representing 10 countries according to GMM technique. Data have been collected from the World Health Organization during 2020. The research covers 10 countries (Egypt; Saudi Arabia; Indonesia; Germany; France; Russia; India; Mexico; South Korea and Nigeria) where 3 banks have been investigated from each country. Results indicate that banks’ asset quality measured by Average change of nonperforming loans ratio seems to be sensitive to Covid-19 spread, measured by Average cases of COVID-19. Besides, findings support the effect of social distancing, measured by each of average staying at residential and average social distancing for retail-recreation. It’s important to pinpoint that results do not support the effect of each of average deaths of Covid-19 and average social distancing for workplaces, residential, grocery pharmacy, parks and transit stations.

scholarly journals Saudi Arabia in the World Oil Market

2021 ◽  
Vol 65 (9) ◽  
pp. 98-107
Author(s):  
S. Zhukov ◽  
I. Kopytin ◽  
O. Reznikova
Keyword(s):  
Saudi Arabia ◽  
Large Scale ◽  
Technological Development ◽  
World Order ◽  
Production Costs ◽  
Historical Period ◽  
Oil Market ◽  
The Us ◽  
The World ◽  
Saudi Aramco

The goal of the article is to analyze the role of Saudi Arabia in the world oil market and in the world economy for a long historical period. It is shown that strategically behavior of Saudi Arabia always was and continues to be subordinated to ensuring the stable supply of oil into the world oil market. Under the Saudi Arabia leadership OPEC aims at pursuing an economically rational and responsible policy, supporting the balance of the demand for oil and its supply thus allow¬ing to avoid deep and lasting oil price decline. Until the very recently an important factor impacting the formulation of Saudi oil policy was maintaining of strategic interaction with the US. The restructuring of the world oil market driven by the shale revolution and nearing peak of global demand for oil have created new challenges for Saudi Arabia oil strategy. The OPEC+ situational agreement enacted since 2017 by OPEC and non-OPEC countries to voluntary reduce levels of oil production temporarily allows to keep a supply – demand balance in the world oil market preventing from substantial drop in oil prices. At the same time the agreement opens opportunities for competitors, first of all American producers of tight oil, to maintain and expand export niches. Shale revolution created a situation when oil interests of the US and Saudi Arabia came into open conflict. For political and strategic considerations, a price war in order to crowd American oil producers with their relatively high production costs out of the market is not a feasible option for the Kingdom. Attempts to transform the state oil company Saudi Aramco into a mega supermajor utilizing on the global economic and financial potential have failed as the leading international banks and corporations avoided the company’s IPO. The failure of Saudi Aramco partial privatization is a signal of a false start of a company to open the Saudi economy to large-scale in-flow of foreign investment. Paradoxically the long-term perspectives of Saudi Arabia crucially depend on how effectively it will use in the coming 10–20 years oil export earnings for diversification of national economy outside the oil sector. Acknowledgements. The article was prepared within the project “Post-crisis world order: challenges and technologies, competition and cooperation” supported by the grant from Ministry of Science and Higher Education of the Russian Federation program for research projects in priority areas of scientific and technological development (Agreement № 075-15-2020-783).

scholarly journals Effect of COVID 19 on Motivation and Performance In Banking Industry with Reference to Delhi

2020 ◽  
Vol 4 (9) ◽  
pp. 173-176
Keyword(s):  
Banking Industry ◽  
Employee Motivation ◽  
The World ◽  
Entire World ◽  
And Performance ◽  
The Impact ◽  
Working Out

: The year 2020 has will be remembered as the year where the entire world was thrown into a chaos by the disease named by WHO as COVID-19. This has made our established structures and norms of organization working out of date. It has affected workers all over the world. In India government has issued many guidelines with respect to working. This study analyses the impact of pandemic COVID-19 on employee motivation and performance.

COVID-19 in People with Diabetes: Perspectives from Saudi Arabia

2020 ◽  
Vol 16 ◽  
Author(s):  
Asirvatham Alwin Robert ◽  
Mohamed Abdulaziz Al Dawish
Keyword(s):  
Saudi Arabia ◽  
Evidence Based ◽  
Health Issues ◽  
Major Health ◽  
Increased Risk ◽  
The World ◽  
Risk Of Disease ◽  
The Government ◽  
Evidence Based Programs ◽  
The Impact

Abstract:: Coronavirus disease 2019 (COVID-19) and diabetes have major impacts on the health of the population across the world. Since the beginning of the COVID-19 pandemic, people with diabetes have been identified to be more vulnerable to infection and greater risk for hospitalization. As diabetes is one of the major health issues in Saudi Arabia, the current study describes the perspectives of COVID-19 in people with diabetes and the steps taken by the government to minimize the impact of it. Most patients with COVID-19 in Saudi Arabia, experience mild illness, while people with diabetes are at increased risk of disease severity and mortality. The government of Saudi Arabia has taken several measures to control and mitigate the effect of the pandemic, as Saudi population gradually returning back to normal life. However, currently there are limited studies from Saudi Arabia on COVID-19 among people with diabetes and the effectiveness of interventions. We emphasize the necessity for comprehensive research, which would provide a better understanding of the incidence of COVID-19 and its association with diabetes to develop evidence-based programs and policies in the country.

scholarly journals Oil Factor in Economic Development

Energies ◽  
2019 ◽  
Vol 12 (8) ◽  
pp. 1573 ◽  
Author(s):  
Sugra Ingilab Humbatova ◽  
Natig Qadim-Oglu Hajiyev
Keyword(s):  
Practical Importance ◽  
Oil Prices ◽  
Oil Production ◽  
Future Research ◽  
Production Volume ◽  
Oil Consumption ◽  
The World ◽  
Macroeconomic Indicators ◽  
World Industry ◽  
The Impact

The research examines the role of oil in the world economy and the evaluation of the oil factor in the economy of Azerbaijan. The error correction model (ECM) has been used in terms of reliability of the obtained results, and assessment has been done by the FMOLS, DOLS and CCR co-integration methods. Engel-Granger and Phillips-Ouliaris co-integration tests have been used for checking the co-integration relations among variables. Times series have been checked whether they are unit root (Augmented Dickey-Fuller (ADF), Phillips-Perron (PP) and Kwiatkowski-Phillips-Schmidt-Shin (KPSS) as a methodology of the research. The results of the research reveal that daily oil production and consumption have less effect on the formation of the world oil prices. On the other hand, the impact of the world GDP and world industry production volume is a bit more. Generally, the influence of these factors on oil market has been reduced gradually. However, the reverse process is observed during the analysis of the influence of oil production and oil price on the main indicators of Azerbaijan and Kazakhstan. Therefore, Azerbaijan and Kazakhstan are an oil-exporting countries which is why their macroeconomic indicators, especially currency, GDP and DNP, heavily depends on the oil factor. The research has been limited but highlights the obtained results to some problems and this must be considered as a new source for future research. Thus, the similar studies have been considered to be done thoroughly on several alternative econometric models, but a lack of statistical information on a yearly basis and strong currency intervention constitute some barriers to transiting to a floating currency. The practical importance of the research is to prove that the dependency of the oil prices on the world GDP and world industry production, daily oil production and world oil consumption have decreased gradually. In the second part of the research, the dependency of the Azerbaijan and Kazakhstan economies on oil was proved. This might be a signal to transfer oil resources into human capital.

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