John Obaro, Managing Director, SystemSpecs |
According to John Obaro, the Managing Director of financial
technology and human resources solutions powerhouse, SystemSpecs, the
increasing spate of cyber-attacks and the role of malicious insiders indicate
that traditional approaches to data security are no longer sufficient.
Therefore, individuals, organisations and governments must be one or more steps
ahead of cyber attackers.
Obaro spoke recently during the second edition of the Art of
Technology conference, tagged “Smart Data, Smarter Lagos” which held in Lagos.
Organised by the Lagos State Government in conjunction with
the private sector, the event facilitated multi-stakeholder discussions,
exchanges and collaborations aimed at identifying and leveraging the outcomes
of data and its insights to the development of smart cities.
According to Obaro, malicious actors now have access to
billions of interconnected devices with ransomware, phishing, data leakage,
hacking and insider threat as some of the most common global scourges to the
cyberspace.
He listed artificial intelligence and deep learning,
behavioural analytics, embedded hardware authentication, blockchain cyber security,
and the zero-trust model as some of the various security technologies available
to tackle the threats.
“Already, many progressive organisations that are
security-conscious are adopting some of these measures to ensure they avert
direct and third-party security breaches,” Obaro said.
The technology expert further highlighted data breaches,
data loss, access control, denial of service, insecure interfaces and poor API
implementations, as some of the security challenges faced by organisations and
government today in the use of cloud. He, nevertheless, encouraged the
continued use of big data, video analytics and predictive analysis in order to
detect and resolve cyber security threats, predict and avoid the possibilities
of intrusion and invasion, and take intelligence-based action, amongst other
benefits.
John Obaro founded SystemSpecs, one of the oldest technology
companies in Nigeria, 29 years ago. Since then, the company has grown into an
African giant, expanding internationally and creating customer-centric
solutions that include Remita, an innovative payment solution; HumanManager, a
human resource and payroll management solution; and Paylink.ng, an ecommerce
platform for SMEs.
Other speakers at the Art of Technology conference include
Michael Seibel, CEO, Y-Combinator; Ibukun Awosika, Chairman, First Bank of
Nigeria; Lisa Da Silva, Principal Investment Officer, IFC; Demola Sogunle, CEO,
Stanbic IBTC; and Tomi Davies, Collaborator-in-Chief, TVC Labs.
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