While cybersecurity remained the top risk concern among business leaders for the fifth year in a row, AI has moved into second place. According to a report released Wednesday From Allianz Commercial.
AI has jumped from No. 10 to No. 2, indicating growing interest in how the technology can improve productivity while also creating new security challenges, the magazine said. Annual Allianz Risk Barometer.
“Companies are increasingly viewing AI not only as a powerful strategic opportunity, but also as a complex source of operational, legal and reputational risks,” Allianz Chief Economist Ludovic Subran told Cybersecurity Dive. “In many cases, adoption is moving faster than governance, regulation, and workforce readiness can keep up.”
As more companies look to scale their AI deployments, they will face challenges such as system reliability, data quality constraints, integration hurdles, and a lack of qualified talent, Sablan added.
This report is based on a survey of more than 3,300 risk management professionals from 97 countries.
Particularly in the United States, cybersecurity remains at the top of the list of risk concerns, followed by business interruption and changes in laws and regulations. AI risk became the fourth biggest concern in the country, up from sixth place a year ago.
This report highlights how rapid advances in connected technology and digital transformation are impacting the enterprise environment.
Report from Moody’s earlier this month He revealed that there is a growing concern about cyber-attacks using AI and concerns about the expansion of the use of agent AI.
