Cyberattacks Remain Major Threat, Interest Rates Might Rise, AI Use in Reviews

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.