A.I. and Cyber Security

David, I'd like to start with you.

You know, this panel actually came together because I had a conversation with you a few months ago, and you kind of scared the daylights out of me because you said, oh, my gosh, you can't believe what's happening and the rate that it's happening at.

From your perspective, what are the threats and what are the things that we need to be most aware of? But then you go, okay, how do I respond to that? Because it's easy to go, it's a dark side of the universe that I don't understand.

But we do have some control, don't we?

Yeah, thanks, Stuart.

First of all, you said that sometimes you get lazy and lapse and don't use your 2FA.

So don't do that.

Do you wear your seatbelt every time you drive your car? I do.

Right.

So also use your 2FA.

So addressing all the scams and all the phishing and all those things you listed, folks on the panel will talk about other layers of security.

But just at that everyday level, you're getting that inundation.

It's true that there's more.

Canadian government data says about 18% of people experience some kind of scam in 2020, and now it's about 38% of Canadians experience some kind of scam that causes harm.

And it's about speed.

So the scams haven't fundamentally changed, but AI enables them to be more personalized, and it lowers the cost of delivering those scams across many, many channels.

And if there was only one thing you were going to internalize, it's that speed is not your friend.

Right.

You don't need to solve it now.

You have that message.

All scams are predicated on urgency, on a sense of urgency, right? And if you're in that mindset of clearing your inbox or clearing those notifications and it's posing you some problem with your account or World Bank has a security issue or your Microsoft account's been compromised, just wait.

Just do nothing.

Delay is your friend.

That's what you want to do.

And