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4 in 5 small businesses had cyberattacks last year and almost half of those were AI powered

One more reason things cost more today: cybercrime.

A survey by the Identity Theft Resource Center, a San Diego-based education and victim resource nonprofit, found that 38% of small businesses hit by a cyberscam or breach in the previous 12 months passed those losses to customers by raising prices.

Another key finding: Cybercrime against small businesses is increasingly fueled by artificial intelligence.

“The era of predictable, human-scale threats has been superseded by a new reality of automated...

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