'AI is now the only way to counter cybercrime' - Cybersecurity Expert
Dr. Martin Nana Annan, a Cybersecurity, AI and Information Systems Expert, stated on Tuesday, July 28, at the Ecobank-JoyNews Business Financial Dialogue held at the Ecobank Auditorium, that Artificial Intelligence (AI) has become the only effective way to counter the growing sophistication of cybercrime. He said, "Artificial intelligence fundamentally alters digital finance by shifting from reactive defence to predictive real-time automation."
Dr. Annan noted that criminals are increasingly deploying AI-powered tools that conventional cybersecurity systems cannot detect. He argued that while information technology has evolved rapidly, the rise of cybercrime has slowed confidence in digitalisation, particularly in the financial sector. He emphasized that organizations must adopt AI-powered security tools to defend their systems as cybercriminals increasingly harness AI to launch sophisticated attacks.
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Dr. Martin Nana Annan, a cybersecurity expert, highlights the critical role of Artificial Intelligence in combating the escalating sophistication of
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