Generative AI an 'exponential weapon' for cyber criminals, says corporate governance leader

One of the biggest threats facing pretty much every company is cyber attacks as the threat grows companies now more than ever need to be on their toes to protect themselves It's something Yahoo Finance asked Betsy Echkins who sits on the board of wind resorts and go-pop about at the annual milken Institute global conference. Take a listen. It's interesting the rate of attacks. I think that your audience, I was shocked. KPMG, the big four accounting firm says that there were 62% of all public companies had a breach. 62% And when you look at the types of reaches still 93% comes from fishing and social engineering. Very basic stuff.

Right? And so training your employees it's harder because the smoothing is more sophisticated and with generative AI I'm horrified at the exponential weapon we put in the cyber criminals hands at doing better impersonations. So I think that the focus needs to be in training and prevention but critical you need to look at how can you recover post-abreach.

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