Page 16 - Paramount PR Report - March 2025

Paramount to Address AI Cybersecurity Hurdles at Gartner Summit
Premchand Kurup, CEO at Paramount, said: “For the past 25 years,

we have been closely monitoring cybersecurity trends to support our

customers in the Middle East. Undoubtedly, AI has the potential to be

the most transformative force for enterprises. However, enabling the

power of AI while safeguarding business operations presents

significant challenges for risk and security professionals. AI-driven

attacks, data privacy concerns, and legal and regulatory challenges

can lead to severe reputational and financial consequences.”

He added: “To effectively manage these risks, AI adoption must follow

a structured, programmatic approach within a well-defined

framework. This requires a four-pillar AI framework that includes AI

governance, AI security, AI-driven cybersecurity and data and

integration security. Our participation at the Gartner Security and Risk

Management Summit will help us raise awareness about these critical

challenges and guide businesses toward the right solutions.”

With the Middle East and Africa AI, Cyber Security and Big Data

Analytics Market projected to register a CAGR of 20.4 per cent

between 2025-2030, businesses need to act decisively to adopt

secure AI strategies and protect their critical assets.

During the summit, the company will also offer visitors a first-hand

experience of AI in action, demonstrating its ‘Agentic AI in IAM’

and ‘AI and SOC’ solutions. Furthermore, visitors will get an

opportunity to engage with the company’s cybersecurity specialists

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