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It’s Cybersecurity Month, and the data around fraud and scams resulting from a lack of proper protection is mind-numbing: $20.8 billion in losses, including $3 billion in losses to business email compromise in 2025. Host Gene Marks says AI is making it harder with voice deepfakes on the phone. He encourages constant training of staff and multiple internal checkpoints. Also, the Fed meets twice more and has hinted at an interest rate hike, while a survey reveals that more than three-quarters of managers use AI to prepare an employee performance review, but only 16% of employees said they were aware the tech was used, leaving employers with a transparency issue. Listen to the podcast.
Topics:
00:00 – Introduction
01:03 – Cybersecurity Stats and Tips
04:35 – The Fed and Interest Rates
07:34 – AI Use in Performance Reviews
10:25 – Episode Wrap-up
Additional Resources
Cybersecurity webinar: https://bit.ly/cyber-insurance-web
Prepare for year-end: https://bit.ly/ye-checklist
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
