Tackling the threat of cyber risk during AI adoption

Ever since AI’s meteoric rise to prominence following the release of ChatGPT in November 2022, the technology has been at the centre of international debate. For every application in healthcare, education, and workplace efficiency, reports of abuse by cybercriminals for phishing campaigns, automating attacks, and ransomware have made mainstream news.

Regardless of whether individuals and businesses like it, AI isn’t going anywhere. That’s why, in my view, it’s time to start getting real about the use cases for the technology, even if it might lead to potential cyber risks. Companies that refuse to adapt are risking being left behind in the same manner that stubborn businesses were when they refused to adjust during the early days of the Dot-com boom.

When it comes to early adoption, everyone wants to be Apple; nobody wants to be Pan-Am. So, how do businesses adapt to the ...