00:00If you don't invest in cybersecurity, you don't have digital economy.
00:18My name is Dmitry Volkov. I am founder and CEO at Kupaviti.
00:24What we do, we do cybersecurity at a different level.
00:27First of all, we understand that our mission is to fight against cybercrime.
00:30That means that we research a lot about what happens in the region in terms of threat landscape.
00:36Second, we develop technologies to prevent and investigate,
00:40because investigation is an important part of everything we do.
00:43The biggest challenge is fraud. You can see it everywhere.
00:46And here we use this term to describe different fraudulent schemes,
00:51including scam calls, phishing websites, and so on.
00:54It's a global problem. And unfortunately, every time you look at different charts
00:59that demonstrate not only in the region, but in other regions as well,
01:02what happens with fraudulent activity, it keeps going.
01:05And since a few years ago, the AI topic became very popular.
01:11Red actors also adopted it very quickly, and now we see that adoption is getting higher and higher,
01:17and the efficiency of everything that they do in the fraud area is also getting worse.
01:24So that means that this is the biggest problem at the moment.
01:27Many banks, they already implemented a lot of cybersecurity and anti-fraud solutions
01:33that help to detect, prevent, and so on.
01:36But because of new technology adoption, and AI especially, they need something new.
01:42Something new that will help them, again, to raise efficiency,
01:45to detect not in the last mile when transaction is done, but even before.
01:50It is possible. It is possible because now modern technologies analyze behavior,
01:55and based on behavior, you can say that this is the same person who uses,
01:59or maybe the device is compromised, and his identity is under management of somebody else,
02:04probably foster, or they can understand that there is a mule activity, and so on.
02:09So behavior gives a very early insight about if it's a fraud or not.
02:17I see the dramatic change in culture.
02:19People now understand that cybersecurity is not just a cost center.
02:25We see that it is critically important now for successful development of digital economy.
02:31If you don't invest in cybersecurity, you don't have digital economy.
02:34Now everyone try to build this economy.
02:37So that's why I see that leadership in the country pay a lot of attention
02:42to what happens in cybersecurity space.
02:44This creates the right culture and momentum for everyone else who work in the UAE.
02:49Not just in the UAE, I mean in general also in the region.
02:52This is a long journey that we need to go through.
02:58My advice is develop local cybersecurity.
03:01Develop new technologies in the region.
03:04Develop local expertise, so you need human experts.
03:08It doesn't matter how successful with the AI.
03:10You still need to have local experts who will derive these innovations and so on.
03:16look Museum Ed Labified
03:22thank you明use
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