AI lowers the barrier to entry for cybercriminals

We all know that businesses are facing a raft of more sophisticated cyberthreats, partly driven by AI. We also know that there can be an impact beyond the financial in terms of damage to reputation and loss of customers. A new report from cyber insurance specialist Hiscox reveals that 67 percent of organizations report increase in attacks and 34 percent of firms have compromised cybersecurity measures due to lack of expertise in managing emerging tech risks. AI is lowering the barrier to entry for cybercriminals, enabling faster attacks and more targeted social engineering with less need for technical expertise. Durgan… [Continue Reading]