In this episode of One On One with host Titilayo Oyinsan delves into the critical issue of cyber risks in the hospitality, leisure, and tourism sectors. Based on the latest Allianz  Risk Barometer, cyber incidents have emerged as the top threat for 2024, with data breaches ransomware attacks, and attacks on critical infrastructure posing significant risks to business continuity. The episode explores how these industries can safeguard their operations against such threats by investing in robust cybersecurity measures, early detection tools, and comprehensive business continuity planning.
Joining the discussion is Ikechukwu Okugo, Group Head of Corporate Sales at Allianz Nigeria, who brings over 15 years of experience in financial services and insurance. With his extensive wealth management, insurance, and advisory services background, Ikechukwu provides expert insights into how businesses can navigate these complex challenges. He discusses best practices for mitigating cyber risks, the importance of regular updates to business continuity plans, and the role of artificial intelligence in enhancing incident response capabilities. This episode is essential viewing for industry professionals looking to protect their operations and ensure resilience in the face of evolving cyber
threats.