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 Exchange launches framework for fixed income market making

Saudi Exchange launches framework for fixed income market making
Updated 4 min 46 sec ago
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Saudi Exchange launches framework for fixed income market making

Saudi Exchange launches framework for fixed income market making
  • Market makers are required to be members of the Saudi Exchange
  • Decision comes after the successful onboarding of market makers in the equities and derivatives divisions in 2023

RIYADH: Saudi Arabia’s stock exchange has announced the launch of its Fixed Income Market Making Framework to ensure the availability of secondary market liquidity.

The launch of this system will also increase price formation efficiency in the Kingdom’s capital market, according to a press statement.

The move aligns with the Capital Market Authority’s objective of transforming Saudi Arabia’s stock market into a key pillar of the nation’s economy under the directives of Vision 2030’s Financial Sector Development Program.

Introducing the Fixed Income Market Making Framework is a significant step in further developing the Saudi capital market, cementing its position as a leading regional financial hub, the statement added.

“As the Saudi capital market continues to evolve, we have seen an increase in debt issuances in recent years. In response to this growing demand, we have introduced a new Fixed Income Market Making Framework demonstrating our continued efforts to support the development and depth of the debt market and position the Saudi Exchange as a global destination in this field,” said Mohammed Al-Rumaih, CEO of the Saudi Exchange. 

According to the statement, the framework is a strategic initiative to stimulate secondary market activity in the fixed-income sector.

The Saudi Exchange’s decision comes after the successful onboarding of market makers in the equities and derivatives divisions in 2023.

Commonly known as the debt securities or bond market, the fixed-income sector is where companies can issue new debt — the primary market — or buy and sell existing debt securities, known as the secondary market, usually in the form of bonds.

Saudi Exchange said the new framework aims to enhance liquidity and facilitate more frequent transactions, making the Kingdom more attractive to domestic and international investors. 

“We aim to enhance the experience of investing in fixed-income instruments and attract a broader range of investors both regionally and internationally,” added Al-Rumaih. 

Under the Market Making Regulations, market makers are required to be members of the Saudi Exchange. They can conduct activities as principals on their accounts or as agents on behalf of clients. 

Market makers could continuously buy and sell orders for the relevant listed debt security during official trading hours to ensure the availability of liquidity for that listed debt security following the provisions of the Market Making procedures and the agreement, the statement added.

“Saudi Exchange will publish on its website a list of market makers and the securities on which they are performing this activity, and will provide incentives after the obligations are met,” said the exchange in the statement. 


World leaders urge aid, war’s end after Gaza deal

World leaders urge aid, war’s end after Gaza deal
Updated 21 min 3 sec ago
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World leaders urge aid, war’s end after Gaza deal

World leaders urge aid, war’s end after Gaza deal

PARIS: World figures hailed the announcement of a ceasefire and hostage-prisoner exchange agreement between Israel and Hamas, urging them to stick to it and hurry aid to Gaza civilians.
Here is a roundup of reactions from official statements, broadcast remarks and online messages.
United Nations Secretary-General Antonio Guterres said it was “imperative that this ceasefire removes the significant security and political obstacles to delivering aid across Gaza so that we can support a major increase in urgent life-saving humanitarian support.”
US President Joe Biden said he was “thrilled” that hostages would be freed and “confident” the deal would hold. “I’m deeply satisfied this day has... finally come,” he said in a televised statement.
Incoming US president Donald Trump vowed to “work closely with Israel and our Allies to make sure Gaza NEVER again becomes a terrorist safe haven.”
European Commission chief Ursula von der Leyen said “both parties must fully implement this agreement, as a stepping stone toward lasting stability in the region.”
Turkiye’s President Recep Tayyip Erdogan hoped the agreement “will be beneficial for our region and for all humanity, particularly for our Palestinian brothers, and that it will open the way to lasting peace and stability.”
Saudi Arabia’s foreign ministry stressed “the need to adhere to the agreement and stop the Israeli aggression on Gaza,” calling for “the complete withdrawal of the Israeli occupation forces from the (Gaza) Strip and all other Palestinian and Arab territories and the return of the displaced to their areas.”
Brazil’s foreign ministry called on the parties to “respect the terms of the accord, to guarantee a permanent end to hostilities, the freeing of all hostages and the free entry of humanitarian aid into Gaza.”
China’s foreign ministry spokesman said Beijing hoped “that relevant parties will take the ceasefire in Gaza as an opportunity to promote the easing of regional tensions.”
The president of neighboring Egypt, Abdel Fattah El-Sisi, called for “the entry of urgent humanitarian aid” into Gaza. He said the deal followed “strenuous efforts” by Egypt, Qatar and the United States.
Jordan’s Foreign Minister Ayman Safadi called on world powers to ensure the “sufficient and durable” delivery of aid to Gaza.
Iraq’s foreign ministry stressed the “need to immediately allow humanitarian aid into the Gaza Strip and the Palestinian territories” and “intensify international efforts to rebuild” areas damaged during Israel’s Gaza offensive.
“Today, the world realized that the patience of the people of Gaza and the steadfastness of the Palestinian resistance forced the Zionist regime to retreat,” Iran supreme leader Ayatollah Ali Khamenei said, adding that Israel was “defeated.”
France’s President Emmanuel Macron said the agreement must be “respected” and followed by a “political solution.”
Germany’s Chancellor Olaf Scholz said the deal “opens the door to a permanent end to the war and to the improvement of the poor humanitarian situation in Gaza” and must be “implemented to the letter.”
British Prime Minister Keir Starmer called it “the long overdue news that the Israeli and Palestinian people have desperately been waiting for.” He urged steps for a “permanently better future... grounded in a two-state solution.”
Italian Prime Minister Giorgia Meloni said her country “expects that all the hostages can finally return to their families” and saw an “opportunity to significantly increase humanitarian assistance” to Gaza civilians. Foreign Minister Antonio Tajani called it an “important step toward peace.”
Pakistan’s foreign affairs ministry said it hoped the truce would lead to a permanent ceasefire and allow an increase of aid to Gaza and reaffirmed its support for a “just, comprehensive and lasting solution to the Palestinian question.”
UN rights chief Volker Turk said the deal promised “huge relief after so much unbearable pain and misery... and it is imperative that it now holds.” The chief of the UN aid agency for Palestinian refugees Philippe Lazzarini called for “rapid, unhindered and uninterrupted humanitarian access and supplies to respond to the tremendous suffering caused by this war.”


Netanyahu says Cabinet won’t meet over ceasefire until Hamas backs down from ‘last minute crisis’

Netanyahu says Cabinet won’t meet over ceasefire until Hamas backs down from ‘last minute crisis’
Updated 22 min 26 sec ago
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Netanyahu says Cabinet won’t meet over ceasefire until Hamas backs down from ‘last minute crisis’

Netanyahu says Cabinet won’t meet over ceasefire until Hamas backs down from ‘last minute crisis’

TEL AVIV: Israeli Prime Minister Benjamin Netanyahu’s office said Thursday his Cabinet won’t meet to approve the Gaza ceasefire deal until Hamas backs down from what it called a “last minute crisis.”
Netanyahu’s office accused Hamas of reneging on parts of the agreement in an attempt “to extort last minute concessions.” It did not elaborate.
The Israeli Cabinet was set to ratify the deal Thursday.


Omar Al-Somah hopes to revisit old glories with Saudi Pro League return

Omar Al-Somah hopes to revisit old glories with Saudi Pro League return
Updated 50 min 14 sec ago
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Omar Al-Somah hopes to revisit old glories with Saudi Pro League return

Omar Al-Somah hopes to revisit old glories with Saudi Pro League return
  • The Syrian forward, who had a hugely successful spell with Al-Ahli from 2014 to 2022, has joined Al-Orobah at the age of 35

DUBAI: It was something like old times this week when renowned Syrian footballer Omar Al-Somar accepted an offer from Al-Orobah to play in the Saudi Pro League.

The player’s highlights at Al-Ahli, from May 2014 to August 2022, when he left for Qatar’s Al-Arabi initially on loan, included a record-breaking 144 goals in 180 Roshn Saudi League runouts and four major trophies.

In Jeddah, he was the fearsome center forward, standing 6 feet 4 inches and boasting the footwork of a ballerina. He had the grace to chest down and bicycle kick in March 2019’s unforgettable derby strike against Al-Ittihad, and the raw power to smash home countless free-kicks.

This richly talented figure has towered over the competition for almost a decade — literally and figuratively. An eye for the extravagant allied with ruthless finishing made him a poster boy for professional football in the Kingdom.

This, however, was before December 2022’s seismic announcement of Portugal megastar Cristiano Ronaldo’s recruitment and the rapid expansion of horizons that followed. It was also after an uncharacteristically meek contribution to the previous season’s unprecedented relegation for his team.

As the professional era’s unparalleled top scorer, Al-Somah’s exalted position in Saudi football is secure. The focus now is on what his return as a 35-year old on a free transfer can deliver for a club precariously positioned around the relegation zone, and which has netted only nine times in 14 outings during their top-flight return to date.

Ahead of Friday’s potential debut at Al-Khaleej, the celebrated attacker had an unequivocal retort to those who say you should never return to the scene of past glories.

“I’m delighted to be back in Saudi Arabia and back in the RSL,” said Al-Somah, according to Saudi Pro League’s official website. “It’s an honor to put on the shirt of Al-Orobah Football Club. I promise to do my best to live up to the expectations of everyone and add real value to the team.”

He added: “I’m really grateful for the fans who welcomed me in Al-Jouf and I’m honored to be among them. I look forward to my first match in Al-Jouf in two weeks’ time [the Jan. 22 encounter against Al-Qadsiah]. We need the fans to stand by us and push us forward in the next few months.”

Al-Somah held a tight grip on the RSL Golden Boot in three-consecutive seasons from 2014-17, plus played an oversized role in Al-Ahli that in the 2015-16 season ended a 32-year wait for another top-flight crown.

He bestrode a generation defined by spiky Saudi Arabia hitman Nasser Al-Shamrani, Al-Hilal’s beloved Bafetimbi Gomis and a prolific Abderrazak Hamdallah.

A much-changed league awaits him. 

Previously, it was unheard of for promoted sides to stack prominent players. But his teammates now include the likes of ex-France defender Kurt Zouma, Iceland’s experienced Premier League campaigner Johann Berg Gudmundsson, former Barcelona youngster Cristian Tello and Ivory Coast’s 2023 Africa Cup of Nations winner Jean Michael Seri.

This is before you look at the world-class signings made by the likes of champions Al-Hilal, Al-Nassr, Al-Ittihad, Al-Qadsiah, Al-Ettifaq and the rest.

Elite center-backs such as Aymeric Laporte, Merih Demiral, Kalidou Koulibaly and Nacho must be conquered by Al-Somah if Al-Orobah are to get the goals they need. It is a sporting challenge many levels above what came before.

A further note of caution is that he barely cracked double figures during the 2020-21 and 2021-22 RSL campaigns as Al-Ahli’s travails and personal injury problems gripped.

Success did, however, follow in Qatar.

A brace against all-conquering Al-Sadd in the 2022-23 Emir Cup final ended Al-Arabi’s 30-year trophy drought. Only Kenya and Al-Duhail’s Michael Olunga (22 goals) bettered Al-Somah’s Qatar Stars League tally (19 goals).

Last season’s superb top-flight record came in at 17 strikes from 22 matches.

But Al-Somah has not been seen in action since August. Just 89 minutes and one goal were recorded in three appearances. This absence was extended to the international arena, with his last caps coming in June.

Understandable ring rust must be brushed off — and fast. It is testament to residual belief in his unique abilities, however, that Al-Orobah were forced to fight for this coveted signature.

Of the options he had available, Al-Somah said: “I had multiple offers, but this was the one I felt most comfortable with, and my heart went for Al-Orobah.”

Experience is the attribute which defines the club’s winter refit. Al-Somah joins a side now led by 63-year-old former Iraq, Jordan and Bahrain tactician Adnan Hamad. More tweaks may follow in the weeks ahead.

Any advantage will be sought in the battle to avoid demotion. Match week 15 began with 11th-placed Al-Ettifaq only three points above Al-Wehda in the final relegation spot.

Al-Somah’s Saudi record can never be questioned. Neither can the output during most of his Qatar spell at an Al-Arabi team that failed to gain silverware in the 21st century before he arrived.

The Syria icon departed the Roshn Saudi League after an unsuccessful scrap against relegation at Al-Ahli and rejoins via Al-Orobah with the same task at hand.

With a palpable determination to succeed, he is striking the right tone to see his standing enhanced rather than diminished during the remainder of this season.

It would be in character to witness a trademark torrent of goals, keep a grateful Al-Orobah up and cement an unmatched reputation that straddles different eras.


Al-Habtoor Group plans Lebanon comeback, pending security guarantees

Al-Habtoor Group plans Lebanon comeback, pending security guarantees
Updated 16 January 2025
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Al-Habtoor Group plans Lebanon comeback, pending security guarantees

Al-Habtoor Group plans Lebanon comeback, pending security guarantees
  • AHG chairman emphasizes the importance of stability for future growth

RIYADH: Al-Habtoor Group is moving forward with plans to reopen its five-story mall in Beirut and relaunch the Habtoorland amusement park in Jamhour, contingent on Lebanon’s government delivering the promised security and stability measures.

In an interview with Arab News, AHG Chairman Khalaf Al-Habtoor emphasized that restoring the mall and amusement park remains a key priority for the group. However, these initiatives depend entirely on the assurances of safety and governance from Lebanon’s new leadership.

“We have a different management now overseeing the mall. They are waiting only for the implementation of plans by the president and the prime minister. I fully believe in the president, even though we haven’t met, and I believe in the prime minister,” Al-Habtoor stated.

On Jan. 9, Lebanon elected former army commander Joseph Aoun president, and on Jan. 13, appointed Nawaf Salam, the chief judge of the International Court of Justice, prime minister.

Al-Habtoor expressed his belief that the newly installed leaders possess the potential to unite the country and initiate the critical reforms needed for Lebanon’s economic revival.

Despite Lebanon’s long-standing political instability, including the devastating Beirut Port explosion, AHG has kept its facilities operational, ensuring that its employees retained their jobs throughout turbulent times.

“We don’t close our hotels. Even when we closed (temporarily), we didn’t terminate anyone. During the war, even after the port explosion, we did not release any of our employees. We paid them their salaries because they are part of us, like a family, like partners with us,” Al-Habtoor explained.

He further highlighted the group’s long-standing commitment to Lebanon, emphasizing its role in creating jobs and fostering local development. “We have been working for a very long time in Lebanon, and we created a lot of projects to create jobs for our people there, for our families—I call them. The Lebanese are part of us.”

While acknowledging the political challenges facing the country, the AHG chairman expressed optimism about Lebanon’s future under its new leadership, stressing the importance of public support for the government’s agenda. 

“If the Lebanese people want Lebanon to compete with successful countries, they have to support the president and the prime minister. Lebanon needs a lot of work, renovation, and fixing,” he noted. 

Al-Habtoor pointed to security as the linchpin for any future investments in Lebanon. “Nobody will invest a penny unless there is 100 percent safety and security in the country,” he asserted.

The AHG chairman said if the new president and prime minister manage to establish their authority within the next three months, he will personally return to Lebanon to oversee the group’s projects.

Although AHG has explored new ventures, including the establishment of a production studio, political instability had previously delayed such plans. 

Al-Habtoor reaffirmed his commitment to reconsidering these opportunities once Lebanon’s security situation stabilizes: “I will definitely reconsider, but the country’s shift to safety and security remains priority No. 1.”

The UAE-based businessman also stressed the necessity of clean, well-vetted leadership for Lebanon’s Cabinet. “They should not let any person from another country be involved,” he emphasized.

Despite these challenges, Al-Habtoor expressed hope for Lebanon’s revival under its new leadership, reflecting confidence in their sincerity and commitment to reform. 

“I have hope from these people. I believe in these genuine leaders and their honesty. If they deliver what they promised, I will be there, with my feet on the ground,” he said.

Reflecting on his personal connection to Lebanon, Al-Habtoor shared fond memories of time spent in the country. “My family and I spent a lot of time in Lebanon. We have our house in Jamhour, and we invested in many things. I have a lot of friends there. I miss them, and they miss me,” he said.

Looking ahead, AHG is also set to expand internationally, with the upcoming launch of the 200-key Al-Habtoor Palace luxury hotel in Budapest, scheduled for Feb. 3. The company is also pursuing ongoing projects in Dubai, which Al-Habtoor referred to as “the jewel of the world.”

He added that in Dubai, everyone can sleep and relax, fully assured of their safety and security. “This is what we need in Lebanon,” Al-Habtoor concluded.