The Swiss voice in the world since 1935

Swiss companies are not ready for AI-enabled cyberattacks

Businesses are not always well prepared to deal with cyberattacks
Businesses are not always well prepared to deal with cyberattacks Keystone-SDA

According to a study, boards of directors of Swiss companies are lagging behind in the fight against cyberattacks involving artificial intelligence. Yet the rise in such attacks is exacerbating the risks, particularly for SMEs in Switzerland.

Cybercriminals are making increasing use of artificial intelligence (AI). However, 74% of businesses have no explicit strategy to combat this type of attack. Only 18% of small businesses are prepared, compared with 40% of large ones. These are the findings of the latest SwissVR Monitor, published on Wednesday.

Emergency preparedness also has shortcomings: 55% of companies have no contingency plan – or only plans that have not been tested – for restoring essential IT processes.

The survey also highlights a lack of security expertise and shortcomings in reporting: only one in two members of the board of directors is regularly informed of cybersecurity incidents.

More

How we produce news in English
Translated from German, reviewed by an 
English Department journalist. 

Related Stories

Popular Stories

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR