Companies raise cybersecurity budgets but shadow AI risks persist

A new report cited by Cybersecurity Dive says shadow AI remains a persistent problem, even as IT and security budgets increase. The report points to ongoing challenges in controlling unauthorised AI use within organisations.

For banks, insurers and healthcare groups, this means that higher spending alone does not address the risks from unapproved AI tools. Leaders need to focus on stronger oversight and controls to reduce exposure and meet regulatory expectations.