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New agreement to protect African businesses from cyber threats

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A new partnership between Cassava Technologies, Anthropic, and Google is set to revolutionize the Artificial Intelligence (AI) space in Africa. The collaboration aims to provide advanced cloud, cyber security, and generative AI capabilities to businesses across the continent, especially at a time when cyber-crime activities are on the rise.

Africa has been identified as one of the regions most targeted by cybercriminals, with the financial services sector being a prime target for these malicious activities. According to insights released by Kaspersky, cybercrime in Africa is estimated to cost a staggering $4 billion (Sh572 billion) a year, posing a significant threat to the digital infrastructure of businesses in the region.

Strive Masiyiwa, co-founder and executive chairman of Cassava Technologies, emphasized the importance of responsible AI in enabling economic opportunities and empowering individuals and businesses in Africa. The partnership with Liquid C2, a division of Cassava Technologies, aims to deliver AI-powered solutions that address the unique challenges and opportunities faced by African businesses in their digital transformation journey.

Industries such as energy, mining, automotive manufacturing, and building automation are particularly vulnerable to cyber-attacks on their industrial control systems (ICS computers). These systems are crucial for the smooth operation of various operational technology functions, making them a prime target for cybercriminals looking to disrupt essential services.

For banks, cybersecurity has become a key area of focus as more customers fall victim to sophisticated scams and social engineering techniques employed by cybercriminals. By enhancing cyber security and incorporating generative AI capabilities, Liquid C2 aims to create a safer and more innovative digital experience for African businesses, in partnership with Google Cloud’s latest AI, data, collaboration, and security solutions.

The collaboration between Liquid C2, Google Cloud, and Anthropic is expected to drive progress and innovation in Africa’s rapidly evolving technology landscape. Thomas Kurian, CEO of Google Cloud, highlighted the transformative potential of generative AI for businesses in Africa, underscoring Google’s commitment to investing in the region’s digital transformation efforts.

With cybercrime posing a significant threat to African businesses, the partnership between Cassava Technologies, Anthropic, and Google is poised to strengthen cyber security, enhance cloud services, and empower businesses to navigate the challenges of an increasingly digitized world. By leveraging AI capabilities and advanced technologies, the collaboration aims to create a more secure and innovative digital ecosystem for businesses in Africa, paving the way for sustainable growth and development in the region.

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