Cyber-criminals are likely to weaponize Artificial Intelligence (AI) technology to commit bigger, more sophisticated and more dangerous crimes, warn Chief Internal Auditors.
New research has found that 78% of Chief Internal Auditors believe AI will negatively impact cybersecurity and data security, while 58% say it will exacerbate fraud.
The survey of 985 Chief Internal Auditors across Europe reflects the views of internal audit and risk management experts and underscores the growing concern among business leaders about the risks associated with AI.
Organisations are being advised that in preventing AI-powered attacks they will increasingly need to deploy the same AI tools as part of their defences. The best defence against AI-powered cyber-crime will often be AI-powered cybersecurity solutions!
Anne Kiem, CEO of the Chartered Institute of Internal Auditors (pictured), said; “AI is evolving rapidly, and as with all new technologies it can be used for positive and negative reasons. Our research has shown that Chief Internal Auditors are alert to the threats, and this should bring some comfort to those organisations that have a strong focus on risk control, risk mitigation, and having a well-resourced internal audit function.”
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