ABSA looks to equip SA’s youth with cyber skills to fight poverty
October is global Cyber Security Awareness Month. With the country’s ailing economy and high numbers of unemployment; ABSA is developing cyber skills to alleviate poverty, and is assessing the skills shortage in cybersecurity. Absa set up the Cybersecurity Academy with the Maharishi Institute to bring marginalised youth through the institute, giving them a hot skill and financial empowerment so they can earn a living: The intention is to set-up an academy on the Cape Flats, and train 300 people a year. Sandro Bucchianeri, Chief Security Officer at ABSA joins CNBC Africa for more.
Fri, 16 Oct 2020 11:15:02 GMT
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AI Generated Summary
- ABSA partners with the Maharishi Institute to establish the Cybersecurity Academy to address the skills shortage in cybersecurity
- The initiative aims to provide marginalized youth with valuable training and financial empowerment opportunities
- The Cybersecurity Academy initiative highlights ABSA's commitment to driving social change and economic empowerment in South Africa
ABSA, one of South Africa's leading financial institutions, is stepping up to address pressing social and economic challenges facing the country. In light of October being global Cyber Security Awareness Month, ABSA's initiative to develop cyber skills among the youth is not only timely but also crucial. With high rates of unemployment and a struggling economy, ABSA is taking proactive steps to equip young people with the necessary skills to thrive in the digital age. The financial institution is addressing the skills shortage in cybersecurity by partnering with the Maharishi Institute to establish the Cybersecurity Academy. This academy aims to provide marginalized youth with the training and empowerment they need to secure jobs in the cybersecurity sector and ultimately alleviate poverty. Sandro Bucchianeri, Chief Security Officer at ABSA, shares insights on this groundbreaking initiative. The Cybersecurity Academy represents a beacon of hope for many young South Africans, offering them a pathway to financial independence and a brighter future. ABSA's commitment to investing in the youth and driving social change is evident in their efforts to bridge the gap in cybersecurity skills and create opportunities for economic growth and empowerment.
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