Cyber breaches or ransomware-induced shutdowns can crush a company. Financial loss. Reputation damage. Legal penalties. Nobody wants to be responsible for any of these, but attacks are on the rise. The average corporate data breach in the U.S. costs $9.44 million, plus regulatory penalties.
And attackers are always looking for better weapons. To rip a true story from the headlines, a U.K. executive was bamboozled by an AI-generated call from — he thought — his CEO. The phone voice had the precise German accent and cadence of his boss. The executive dutifully followed instructions to wire $243,000 to a "new supplier" in Eastern Europe.