Thursday, November 17, 2016

Morocco: Business in Sub-Saharan Africa

Morocco has recently initiated the Octopus Development Plan: an economic strategy designed to better assist Senegal.  Experts believe the underlying purpose for this plan is to further link banking and communication industries under Morocco and the United Arab Emirates (UAE) conglomerates.  The ability to control, disrupt or influence banking and communications on these networks by extremists or radicals is a major concern.  This information is being supplied for your situational awareness.
  • Morocco is a major investor and developer in the banking and telecommunications industries in Africa.
  • The Octopus Development Plan will further expand their interests in banking and communication is Western Africa.
  • The United Arab Emirates and Morocco own controlling interests in the banking and communications industries in Northern, Western, and Sub Saharan Africa.

Publication Date:                    14 November 2016
Handling Requirements:        Traffic light protocol (TLP) GREEN
Attribution/Threat Actors:     Unknown
Actor Type:                              Adversary capabilities have been assessed as Tier II*
Potential Targets:                    Morocco, West Africa and Sub Saharan Africa
Past Reporting:                        DOC-4360, DOC-4423

* Practitioners with a greater depth of experience, with the ability to develop their own tools (from publicly known vulnerabilities).


The full attribution report has been published in its entirety in the Red Sky Alliance portal.  For more information please contact the lab directly at 844-4-WAPACK, 603-606-1246, or feedback@wapacklabs.com.

About Wapack Labs

Wapack Labs, located in New Boston, NH is a Cyber Threat Analysis and Intelligence organization supporting the Red Sky Alliance, the FS-ISAC and individual organizations by offering expert level targeted intelligence analysis answering some of the hardest questions in Cyber.  Wapack Labs’ engineers, researchers and analysts use deep analysis techniques and visualization to design and deliver transformational cyber-security analysis tools that fuse open source and proprietary information.  The intelligence derived from these tools and techniques serve as the foundation of Wapack Labs’ information reporting to the cyber-security teams of its customers and industry partners located around the world.