Almost all of these threats have been spurred by growing reliance on cloud and AI, the study noted. The growth of AI, specifically Gen AI, has had many implications on an organization’s cyber preparedness.

“The use of Gen AI raises significant concerns about data integrity, privacy, and compliance,” Gorham said. “Companies must navigate evolving regulatory obligations, which can complicate the deployment and governance of Gen AI.”

Incorporating Gen AI into existing systems and processes can be difficult too, introducing new vulnerabilities if not managed properly, he added. Thirty-nine percent of surveyed organizations expressed concerns over incorporation.