Risk Mitigation through Generative AI: Safeguarding Revenue against Fraud and Cybersecurity Threats
In today’s digital age, businesses face an ever-increasing array of risks, particularly fraud and cybersecurity threats. McKinsey states, “Cyberattacks will cause $10.5 trillion a year in damage by 2025.” That’s a 300% increase from 2015 levels. These risks can significantly impact a company’s bottom line, reputation, and customer trust.