Page 44 - Paramount PR Report - March 2025

Paramount to address AI cybersecurity challenges at Gartner Security and Risk Management Summit – Connecting Asia Pacifi…

Pradeep Menon, Senior Director at Paramount and an industry expert, will lead a
session titled ‘Tips to Sail Through AI Turbulence’, during which he will

address critical AI-related risks such as ethical governance, AI-ready
cybersecurity frameworks and strategies for transforming AI’s potential to attain
real-world results. The session will enable business leaders to balance innovation
with compliance while ensuring effective risk mitigation.

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,

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