The managing director, Ecobank Nigeria, Patrick Akinwuntan has advocated the use of artificial intelligence to predict security threats and proffer solutions.
He stressed that the manual and semi-automated techniques of monitoring and responding to systems issues of the past are grossly inadequate to take care of the risk of the future. “Artificial intelligence, automation, internet have all created the opportunities for business to unlock more values, but cyber threats have also increased both in complexity and volume. The new normal of working from home has further exposed institutions to cyber-attacks and data breaches. Endpoints for remote access must be secured or else institutions are exposed to attack by mismanaged endpoint. There is also the aspect of insider threat and exposure of password.