Swiss Companies Expect Rise in Cyberattacks
Swiss companies anticipate a significant increase in cyberattacks over the next 12 months, with four out of five companies expecting a rise in economic crime offences.
Cybercrime is growing faster than traditional offences like fraud, embezzlement, or corruption, according to a study by HSLU. Over 80% of surveyed companies expect an increase in cyberattacks, making them the biggest risk for companies.
The role of artificial intelligence (AI) is complex, with nearly half of companies seeing it as an opportunity to minimize economic crime risks and detect incidents quicker. However, AI also facilitates fraud attempts by making it easier to create fake identities or manipulate payment receipts.
AI makes it significantly easier to create fake identities or manipulate payment receipts.
Author's summary: Swiss companies expect more cyberattacks in the next 12 months.
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