Experian’s 2026 forecast warns that AI is transforming cyberattacks, making them more advanced and personal, with threats like synthetic identities and AI-powered malware. Data breaches are at record levels, and many consumers—especially millennials—report rising identity theft and phishing. Most people are worried that companies aren’t ready for AI-based attacks. In Australia, CPA’s report highlights that as more businesses adopt AI, cyber risks rise, especially for small firms, with many still lacking solid protections. Both organizations recommend stronger cybersecurity strategies, frequent updates, and more training as reliance on AI grows.
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