AI to Revolutionize Cybersecurity, Says CSCS Chairman at Cybersecurity Conference
Summary:
Temi Popoola, Chairman of Central Securities Clearing Systems Plc (CSCS), has emphasized the vital role of artificial intelligence (AI) in combating cybersecurity threats. Speaking at the 5th CSCS Cybersecurity Conference in Abuja, held in collaboration with the Office of the National Security Adviser (ONSA), Popoola highlighted the increasing risks posed by cyberattacks and underscored the importance of AI’s predictive and responsive capabilities in mitigating these threats.
Popoola referenced significant incidents, including a recent breach of Microsoft’s Azure cloud platform and ransomware attacks on Nigerian financial institutions, stressing that global cybercrime could reach $10.5 trillion annually by 2025. He urged organizations to prioritize cybersecurity at the board level, integrating it into decision-making processes.
Haruna Jalo-Waziri, CEO of CSCS, echoed these sentiments, stating that cybersecurity is a strategic necessity, not just a technical issue. He reaffirmed CSCS’ commitment to leveraging AI solutions to safeguard its systems and called for swift, decisive action to combat emerging cyber threats.
The event brought together experts to explore the synergy between AI and infrastructure in fortifying Nigeria’s cybersecurity landscape.
Summary:
Temi Popoola, Chairman of Central Securities Clearing Systems Plc (CSCS), has emphasized the vital role of artificial intelligence (AI) in combating cybersecurity threats. Speaking at the 5th CSCS Cybersecurity Conference in Abuja, held in collaboration with the Office of the National Security Adviser (ONSA), Popoola highlighted the increasing risks posed by cyberattacks and underscored the importance of AI’s predictive and responsive capabilities in mitigating these threats.
Popoola referenced significant incidents, including a recent breach of Microsoft’s Azure cloud platform and ransomware attacks on Nigerian financial institutions, stressing that global cybercrime could reach $10.5 trillion annually by 2025. He urged organizations to prioritize cybersecurity at the board level, integrating it into decision-making processes.
Haruna Jalo-Waziri, CEO of CSCS, echoed these sentiments, stating that cybersecurity is a strategic necessity, not just a technical issue. He reaffirmed CSCS’ commitment to leveraging AI solutions to safeguard its systems and called for swift, decisive action to combat emerging cyber threats.
The event brought together experts to explore the synergy between AI and infrastructure in fortifying Nigeria’s cybersecurity landscape.