AI use in industries will greatly impact future cyber and privacy risk landscapes due to vast data collection and processing for AI model training. However, AI tools face potential security and privacy risks if improperly handled. The insurance industry must focus more on data privacy amid such risks. Cyber breaches are most effectively mitigated with good cyber hygiene and AI’s potential for early detection and quick response.
Malicious apps posing as VPNs can turn your device into a tool for cyberattacks
In 2024, cybercriminals drastically increased their use of fake VPN apps to breach user data. Users who install these fake apps unknowingly allow their devices