“When used at the physical level, AI-enabled solutions
can run autonomously and proactively without the need for human intervention due to the enclave environment and well-defined protocols,” she says. “AI’s intuitive and self-learning nature is a game changer in delivering zero- day protection. This is the future and all organisations should be looking to invest.”
WHY THE TECH INDUSTRY NEEDS MORE FEMALE INPUT Many businesses are still struggling to fill the tech skills gap and 93% of UK businesses say they have one. Even more concerning are the stats about cybersecurity specifically, with an estimated 4 million more people needed to plug the skills gap. Attracting and retaining talent has never been more important. Camellia Chan argues that a diverse and inclusive
workforce should be at the heart of all hiring and retention initiatives. Not only is it morally right, but it also makes good business sense. “Companies in the top quartile for gender diversity on executive teams are 27% more likely to outperform on profitability,” she says. “Similarly, companies in the top quartile for ethnic diversity are 13% more likely to outperform financially.”
UNDERSTANDING THE VULNERABILITIES OF TECHNOLOGY As organisations become more dependent on technology, systemic risks also rise. Integrating AI and cybersecurity will undoubtedly help mitigate the increasingly volatile threat landscape, but it does require investment. “Cybercrime is expected to surge by 15% this year
and ransomware is on the up,” says Camellia Chan, CEO and co-founder of Flexxon, a Singapore-based cybersecurity company. “The NCSC’s annual report highlights it as one of
the biggest threats to domestic organisations today,” she says. “But the truth is, the industry has been talking about the rise of ransomware ever since I started working in the space. That’s because as technology gets more sophisticated, so do cybercriminals. It’s a never-ending game of cat and mouse. We desperately need innovation to combat the threat. That starts with AI.” However, she argues that AI is a “double-edged
sword” for organisations. As well as supercharging the ability to prevent, detect and respond to cyber threats, AI lowers the barriers of entry for cybercriminals. Coding is easier and so is creating a phishing email that looks legitimate, for example. “That’s why AI-based innovation and tools that
secure the entire life cycle of an attack – from incident detection to response and recovery – are needed,” she says. “Traditional software defences that are reactive and human-dependent, such as antivirus, are not enough anymore. They do an excellent job at detecting known threats, but zero-day attacks elude them completely.” ‘Zero day’ is the industry term for a cyber-attack that
exploits an unknown security flaw in computer software, hardware or firmware. The term refers to the fact that the vendor of the software or device has no time to fix the flaw before malicious actors can use it.
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“ Cultivate a growth mindset throughout your organisation, and recognise that upskilling should be an ongoing journey, not a one-time initiative. This balanced approach to people and technology is crucial for future-proofing your business in an increasingly digital world.” JOHN LEE, CO-FOUNDER OF WORK FROM ANYWHERE
GLOBAL LEADERSHIP
TECHNOLOGY
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