Without proper cybersecurity protections, AI is a gamble we cannot afford

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Without proper cybersecurity protections, AI is a gamble we cannot afford

Without proper cybersecurity protections, AI is a gamble we cannot afford
How do we reap AI’s benefits without gambling on its risks?
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The artificial intelligence debate is raging, and skepticism is high. But AI is here to stay. While some headlines criticize tech giants for AI-driven social media or questionable consumer tools, AI itself is becoming indispensable. Its efficiency is unmatched, promising gains no business or government can ignore. 

Very soon, AI will be as integral to our lives as electricity — powering our cars, shaping our healthcare, securing our banks, and keeping the lights on. The big question is, are we ready for what comes next?

The public conversation around AI has largely focused on ethics, misinformation, and the future of work. But one vital issue is flying under the radar: the security of AI itself.

With AI embedded in nearly every part of society, we’re creating massive, interconnected systems with the power to shape — or, in the wrong hands, shatter — our daily lives. Are we prepared for the risks?

As we give AI more control over tasks — from diagnosing diseases to managing physical access to sensitive locations — the fallout from a cyberattack grows exponentially. Disturbingly, some AIs are as fragile as they are powerful.

There are two primary ways to attack AI systems. The first is to steal data, compromising everything from personal health records to sensitive corporate secrets. Hackers can trick models into spitting out secure information, whether by exploiting medical databases or by fooling chatbots into bypassing their own safety nets. 

The second is to sabotage the models themselves, skewing results in dangerous ways. An AI-powered car tricked into misreading a stop sign as 70 mph illustrates just how real the threat can be. And as AI expands, the list of possible attacks will only grow.

Yet abandoning AI due to these risks would be the biggest mistake of all. Sacrificing competitiveness for security would leave organizations dependent on third parties, lacking experience and control over a technology that is rapidly becoming essential.

So, how do we reap AI’s benefits without gambling on its risks? Here are three critical steps:

Choose AI wisely. Not all AI is equally vulnerable to attacks. Large language models, for example, are highly susceptible because they rely on vast datasets and statistical methods. But other types of AI, such as symbolic or hybrid models, are less data-intensive and operate on explicit rules, making them harder to crack.

Deploy proven defenses. Tools like digital watermarking, cryptography, and customized training can fortify AI models against emerging threats. 

Level-up organizational cybersecurity. AI doesn’t operate in isolation — it’s part of a larger information ecosystem. Traditional cybersecurity measures must be strengthened and tailored for the AI era. This starts with training employees; human error, after all, remains the Achilles’ heel of any cybersecurity system.

Some might think the battle over AI is just another chapter in the ongoing clash between bad actors and unwitting victims. But this time, the stakes are higher than ever. If AI’s security isn’t prioritized, we risk ceding control to those who would use its power for harm.

  • Patrice Caine is the chairman and CEO Thales Group
     
Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect Arab News' point of view

Saudi authority expands effort to track food waste

Saudi authority expands effort to track food waste
Updated 1 min 37 sec ago
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Saudi authority expands effort to track food waste

Saudi authority expands effort to track food waste

RIYADH:  The General Food Security Authority has launched a second field survey to measure food loss and waste rates in Saudi Arabia.

The initiative is part of the National Program to Reduce Food Loss and Waste and aligns with efforts to promote food sustainability and support Vision 2030 objectives, the Saudi Press Agency reported.

The authority’s governor, Ahmed Al-Faris, said that the second survey builds on the 2019 study, which established a baseline for the Food Loss and Waste Index.

The effort follows successful awareness campaigns in collaboration with key stakeholders that engaged public participation, the SPA added.

The new survey aims to analyze food loss and waste at all stages of the food supply chain, including production, importation, transportation, storage, distribution and consumption.

The authority will use the findings to develop solutions to improve food security, reduce environmental and economic impacts, and align the Kingdom’s practices with global sustainability standards.

This initiative is expected to provide more precise, updated data to create targeted strategies for reducing food loss and waste.


New deal will protect Kingdom’s national heritage

New deal will protect Kingdom’s national heritage
Updated 12 min 4 sec ago
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New deal will protect Kingdom’s national heritage

New deal will protect Kingdom’s national heritage

RIYADH: Saudi Arabia’s Public Prosecution and the Heritage Commission have signed a memorandum of understanding to strengthen their collaborative efforts when it comes to protecting and preserving the Kingdom’s identity.

The MoU includes exchanging information on protecting national heritage and combating violations of archaeological sites, reported the Saudi Press Agency on Wednesday.

The deal was signed by Turki Al-Dosari, assistant public prosecutor for investigation, and Jasser Al-Harbash, commission CEO, in the presence of officials and experts in the heritage sector and cultural property protection.

It also involves organizing awareness programs to educate the community about the importance of heritage preservation and the penalties for related offenses.

The partnership marks a strategic step toward establishing a comprehensive framework for protecting heritage sites. It seeks to enhance the Kingdom’s global status as a cultural heritage destination and reinforce its leadership in preserving national identity and history.


Saudi Arabia’s M&A approvals surge 17.4% to reach record high

Saudi Arabia’s M&A approvals surge 17.4% to reach record high
Updated 4 min 1 sec ago
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Saudi Arabia’s M&A approvals surge 17.4% to reach record high

Saudi Arabia’s M&A approvals surge 17.4% to reach record high

RIYADH: Saudi Arabia saw a 17.4 percent surge in mergers and acquisitions approvals in 2024, reflecting the Kingdom’s efforts to strengthen its competitive business environment. 

The General Authority for Competition approved 202 economic concentration requests — the highest number in its history — with 10 additional applications still under review, according to its annual report. 

Economic concentration approvals are required for mergers and acquisitions to ensure they do not create monopolies or disrupt market competition. 

The surge in approvals aligns with GAC’s goal of implementing competition-enhancing policies, combating illegal monopolistic practices, and improving market performance to boost consumer and business confidence, attract investment, and promote sustainable development.

Saudi Arabia’s surging mergers and acquisitions market comes against a global backdrop of decline in the industry, with a GlobalData report released in December showing worldwide deal volume dropped 8.7 percent year-on-year in the first 11 months of 2024 — with the Middle East and Africa region seeing a relatively modest 5 percent decline. 

Acquisition deals dominated approvals in the Kingdom at 81 percent, followed by joint ventures at 15 percent, and mergers at just 2 percent, the report showed. 

The manufacturing sector led in activity, accounting for 67 of the approved requests, followed by the information and communications sector with 39, and wholesale and retail trade, along with motor vehicle and motorcycle repairs, with 22. 

Foreign companies also showed significant interest in the manufacturing sector, which claimed 28 percent of their concentration requests, followed by information and communications at 17 percent, and wholesale and retail trade at 15 percent. 

GAC noted a growing diversity in market activity, with requests received in emerging sectors like off-road tires, nicotine replacement therapy manufacturing, and industrial protective coatings. 

The Kingdom led the Middle East in mergers and acquisitions in the chemicals sector during the first quarter of 2024, closing deals worth $500 million. 

Additionally, the authority approved four new car agency registrations during the year and analyzed 53 percent of concentration requests based on horizontal relationships between entities operating within the same sector. Vertical and cluster relationships accounted for 16 percent and 31 percent of reviews, respectively. 

The surge in approvals aligns with Vision 2030, which aims to create a business-friendly environment that attracts foreign investment and supports sectoral growth. 

As Saudi Arabia strengthens its regulatory and economic frameworks, the surge in merger approvals reflects its ambition to establish itself as a regional hub for business and investment. 


PCB moves tri-series to Lahore and Karachi to indicate readiness for Champions Trophy

PCB moves tri-series to Lahore and Karachi to indicate readiness for Champions Trophy
Updated 28 min 25 sec ago
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PCB moves tri-series to Lahore and Karachi to indicate readiness for Champions Trophy

PCB moves tri-series to Lahore and Karachi to indicate readiness for Champions Trophy
  • Pakistan is scheduled to play tri-nation ODI series at home against South Africa, New Zealand in February
  • Series moved from Multan due to advanced stage of preparations at Lahore and Karachi stadiums, says PCB 

BENGALURU: The Pakistan Cricket Board (PCB) has relocated February’s tri-nation One-Day International (ODI) series with New Zealand and South Africa from Multan to Lahore and Karachi, two cities set to host the Champions Trophy later in the month.
The PCB said the move was due to the advanced stage of preparations at Lahore’s Qaddafi Stadium and Karachi’s National Stadium, which will host six of the 12 Champions Trophy group stage matches.
Lahore will also host one semifinal as well as the final provided India, who are playing all their matches in Dubai following an agreement that neither India nor Pakistan will visit each other’s countries for ICC tournament matches, do not qualify.
Rawalpindi Cricket Stadium will also host three matches of the eight-team tournament.
The PCB is upgrading the facilities at all three venues in the country as Pakistan prepares to host an ICC tournament for the first time since 1996, when they co-hosted the ODI World Cup.
The tri-series will be played from Feb. 8-14, while the Champions Trophy will kick off on Feb. 19 in Karachi, with defending champions Pakistan playing New Zealand.


Oman’s real estate market surges 28% to $8bn by November 2024

Oman’s real estate market surges 28% to $8bn by November 2024
Updated 11 min 21 sec ago
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Oman’s real estate market surges 28% to $8bn by November 2024

Oman’s real estate market surges 28% to $8bn by November 2024
  • Sale contracts in the sector rose 3.1% annually to 1.1 billion rials
  • Number of deals edged up 1.9% to 61,552

RIYADH: Oman’s real estate market maintained its upward trajectory in 2024, with transaction values soaring 28.1 percent year on year to 3.13 billion Omani rials ($8.13 billion) by November, official figures showed. 
According to data from the National Center for Statistics and Information, sale contracts in the sector rose 3.1 percent annually to 1.1 billion rials during the period, while the number of deals edged up 1.9 percent to 61,552, the Oman News Agency reported. 
The robust performance underscores broader optimism in Oman’s property market, with market intelligence firm Mordor Intelligence forecasting the residential real estate sector to grow at a compound annual rate of 9.19 percent, increasing from $4.38 billion in 2024 to $6.80 billion by 2029. 
The Omani government has introduced several initiatives to boost the growth of its real estate sector, including relaxing property ownership laws for foreigners and offering tax incentives to real estate developers. 
Oman’s population reached 5.27 million this month, with expatriates accounting for over 43 percent, or 2.28 million people. The significant expatriate presence has been vital in driving demand for residential and commercial properties, particularly in urban centers. 
Oman’s Vision 2040, the country’s strategic development plan, further underscores the importance of sustainability and innovation in the real estate sector. 
Data from NCSI said that the value of mortgage contracts surged by 44.8 percent year on year in the first 11 months of 2024, reaching 2.1 billion rials. 
The number of mortgage contracts declined by 12.2 percent during the January-to-November period, dropping to 18,846 from 21,461 in the same period of the previous year. 
Swap contracts also experienced significant growth, with 1,223 deals valued at 12.4 million rials by the end of November, an 18.1 percent increase from the previous year. 
The total number of issued properties reached 210,483 by the end of November, reflecting a slight 3.4 percent decline compared to the same period in 2023. 
Properties issued to Gulf Cooperation Council citizens saw a 6.8 percent annual rise, totalling 1,325 in the first eleven months of 2024.