Report: AI increasingly being used to target small businesses

The Brief

  • A new report from the Identity Theft Resource Center examines the impacts of identity crimes and cyberattacks on small businesses.
  • Among the findings: 81 percent of small businesses reported suffering a security breach, data breach, or both in the past year.
  • Also, AI-powered attacks were identified as a root cause in more than 40 percent of cyber events.

WASHINGTON Artificial intelligence (AI) is increasingly being used to target small businesses, according to a new annual report from the Identity Theft Resource Center (ITRC).

By the numbers:

The report examines the impacts of identity crimes and cyberattacks on small businesses. Altogether, the ITRC surveyed 662 small business owners or executives.

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