December 4, 2024

Most companies don’t feel ready to deal with the risks

In this article:

Rising Concerns: AI and big data risks entered the global Top 10 list of concerns in Ipsos SA’s AXA Future Risks Report, with over 60% of the general public feeling vulnerable in their daily lives.
Corporate Canada’s Readiness Gap: Despite 92% of Canadian organizations having an AI strategy, only 7% feel fully prepared to use AI, highlighting a readiness gap amid growing reliance on AI for security.
AI in Cybersecurity: Cisco’s CTO emphasized that AI is central to modern cybersecurity, with attackers using AI tools to innovate and IT companies deploying AI to defend against breaches.
Escalating Cyber Threats: In Cisco’s Cybersecurity Readiness Index, 43% of respondents reported cybersecurity incidents in the past year, many potentially involving AI-driven attacks.
Call to Action: Companies must urgently recognize AI’s dual role as a critical security tool and potential threat to avoid increasing vulnerability.

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