AI has a dual role in cyber attacks, more companies see threat over opportunities
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According to KPMG's "Cybersecurity Barometer," 60% of companies believe AI will increase the risk of cyberattacks. In 2024, the number of firms reporting at least one cyber incident rose by 16 percentage points to 83%, with large enterprises most affected. Only 17% of companies reported no attacks, the lowest in the report’s history.
AI is a double-edged sword, potentially enabling advanced fraud and identity theft while also enhancing threat detection and security analysis. Over half of respondents foresee new AI-driven attack methods, while 16% believe AI will reduce risks. Experts warn that securing AI model training is crucial, as its vulnerabilities can be exploited by cybercriminals.