• About
  • Advertise
  • Careers
  • Contact Us
Saturday, June 21, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
ADVERTISEMENT
Home Business Security

Obadare Highlights Critical Role of Cybersecurity in AI-Driven Economy

by Staff Writer
September 3, 2024
in Security
1
Dr. Obadare Peter Adewale appointed by Miva University for cybersecurity - AfriTECH 4.0 | ABoICT
Dr. Obadare Peter Adewale (Professor of Practice at Miva Open University)

Dr. Obadare Peter Adewale (Professor of Practice at Miva Open University)

UBA
Advertisements

Professor Obadare Peter Adewale, the founder and chief visionary officer of Digital Encode Limited, has emphasized the need for Nigeria to understand the threat landscape and the critical role of cybersecurity in protecting against these threats.

This is essential for driving sub-sectoral digital growth through Artificial Intelligence (AI).

In his presentation, through Oluwakayode Olatunji, CISO and group head of InfoSec & GRC Advisory at Digital Encode Limited, at one-day ICT Growth Conference organized by the Nigeria Information Technology Reporters’ Association (NITRA) at the Citi Height Hotel, Lagos, he noted that many African countries lag behind in cybersecurity.

Even in Nigeria, the financial sector has been at the forefront of leveraging AI and cybersecurity, contributing about 25%-30% of AI involvement based on local statistics.

Prof. Obadare highlighted the potential of AI across various sectors, including finance, health, energy, transportation, defense, medical, and agriculture.

He underscored AI’s ability to predict productivity and its diverse benefits but quickly cautioned against the dangers of AI misuse, stemming from issues such as bias and fairness, inadequate transparency, security vulnerabilities, data privacy concerns, and ethical and moral dilemmas.

The cybersecurity expert discussed the use of AI in threat landscape profiling, crime detection and prevention, and reporting capabilities.

He stressed the importance of responsible AI usage and the need for continued investment in AI and cybersecurity.

Identifying AI Governance, Architecture, Implementation, Operations, and Monitoring (GAIOM) as key elements for effective cybersecurity strategies in responsible AI development, he emphasized the importance of AI architecture, including business and data architecture, technology-infrastructure architecture and the necessity of a security architecture which includes cybersecurity and data privacy protection respectively.

Data protection and privacy are crucial components of AI implementation. The process of implementing AI, from setting goals to security monitoring, is vital. The role of education and investment in education for driving AI adoption and economic growth cannot be overemphasized.

To fully realize the impact of AI on national development, he advocated for explicitly defined governance objectives, an AI ethical framework, an interdisciplinary approach, robust local content data management, all-inclusive regulatory compliance, tailored best practice risk assessment and mitigation, transparency and explainability, sustained human capacity development, and robust processes to address AI implementation challenges. He also argued that monitoring AI usage and ensuring its alignment with set goals during the implementation process is critical.

In addition, he called for increased public sector and government investment in education to drive AI adoption and economic growth, noting that the role of education in providing the necessary skills and knowledge for AI implementation cannot be ignored.

He introduced the concept of “knowledge banking,” where knowledge can be monetized to address various economic sectors. He pointed out that in countries using AI to drive their economies, education is a fundamental prerequisite, and positively disruptive education leads to the needed transformation by developing tailored skill sets.

“When we examine this, it becomes evident that many challenges we face in this part of the world will become easier to address. As a country, we have the potential to be a leading light in the knowledge economy because Nigeria is blessed with brilliant men and women,” he said.

Prof. Obadare, who was recently appointed a Professor of Practice by MIVA Open University, Abuja, also proposed a disruption of the educational sector to improve data quality.

He emphasized that relying too heavily on outsourced data libraries can lead to AI biases and stressed the importance of maintaining excellent data quality as a local content treasure.

“To address this, we need to disrupt the educational sector, particularly from primary to tertiary institutions, to focus more on institutional or research-based education. For example, during the COVID-19 pandemic, much of the global data was sourced from Johns Hopkins Hospital research center, indicating the importance of local research centers.

“We should encourage partnerships with the private and public sectors to create local content hubs, which would attract global tech companies like Meta and Google to invest in our ingenuity. Our tertiary education sector should be research-oriented and local content-focused to improve data quality and upskill the workforce, adapting to the challenge of training AI rather than traditional skills,” he concluded.

Loading

Advertisements
MTN ADS

0Shares
Tags: Digital Encode LimitedMiva Open UniversityOluwakayode OlatunjiProfessor Obadare Peter Adewale
Staff Writer

Staff Writer

Next Post
PremiumTrust Bank

PremiumTrust Bank N47.80bln PBT in Inaugural (2023) Financial Year

Comments 1

  1. Pingback: CSEAN Unveils Cyber Secure Nigeria 2024 & 2nd Cybersecurity Merit Awards

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Visa Africa Fintech Accelerator Program

Visa Launches new Africa Fintech Accelerator Program

2 years ago
FG Plans to Launch New National ID Card with Payment, Social Service Delivery Capabilities

NIGERIA: Seven Key Facts about new NIMC Multipurpose National ID Card

1 year ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.