African countries must establish robust safety barriers: Kganyago
He says, “Just a few days ago, we learned that an open AI system had hacked into an Australian government website, perhaps the first known incident of an AI autonomous infiltrating a sovereign facility, but the risks in my domain are undoubtedly severe, ranging from cyber security to asset price bubbles” Kganyago adds, “Imagine a swarm of super-smart and tireless agents hacking into South Africa’s payment system or a big financial firm.
This is why experts think the next financial crisis may well come from a cyberattack.
Reserve Bank Governor Lesetja Kganyago says African nations must urgently establish robust guardrails amid concerns that the next global financial crash could be sparked by a major cyberattack.
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