The Allianz Risk Barometer identified cyber incidents as the leading global risk for the fourth consecutive year, fuelled by increasing reliance on technology and the rapid development of AI. Ransomware accounted for 58% of large cyber insurance claims in the first half of 2024. Negative impacts of AI include facilitating criminal disruption and spreading misinformation, yet AI can also help to mitigate cybersecurity risk. Balancing the pros and cons of AI implementation is a key challenge.

‘Cyber incident’ continues to disrupt computer networks at some Sudbury-area schools – CTV News
Several schools in the Sudbury area continue to face disruptions in their computer networks due to an ongoing cyber incident. This has caused challenges for