Traditionally, legal action has been time-consuming, expensive, and distracting. Generative AI makes it easier and cheaper for customers, employees, competitors, and regulators to take legal action. At the same time, a turbulent geopolitical environment increases legal risks. The future legal risk will be legal phishing expeditions similar to Internet “phishing” attacks: impersonal, mass-produced acts initiated by many attackers. Together, they look much like a distributed denial-of-service (DDoS) attack, where the attackers are overwhelmed with traffic and taken offline. To prepare for this new reality, businesses must rethink their cybersecurity preparedness from the ground up. Specifically, take action quickly to better understand your company’s vulnerabilities, emerging threats and their potential impact, the risk mitigation actions you want to take, and your communication strategy to internal and external stakeholders. There is a need.
