AI advancements can be both a tool and a threat, cybersecurity officials say

Cybersecurity experts say ransomware attacks have increased substantially in recent years.

"Any serious organization today, as we know, presume breach," said SimSpace CFO James Gerber. "They have to presume that the attackers are going to get in, because they will. The question is, once they're in, how quickly can you spot, how well can you contain what they're potentially able to do?"

Many companies are turning to artificial intelligence to help detect and defend against bad actors.