This article by David Weldon for the Global Association of Risk Professionals highlights the escalating exposure and vulnerability to cyber threats due to businesses’ increasing adoption of new and emerging technologies. This has inadvertently increased the risk of cyber threats, such as fraud and hacking, making it essential to develop new strategies and continuously adapt to rapidly advancing AI. There is a growing concern about the malicious use of AI, which poses potential threats beyond deepfakes and ransomware. However, AI can also significantly strengthen cybersecurity defences, making it a valuable tool for defensive measures.