Stay vigilant: 2023 was a banner year for bad actors and 2024 is shaping up to be the same. Ransomware and data breaches are still on the rise, as are the costs associated with them. Artificial intelligence (AI), aside from its legitimate value, is allowing bad actors, even those with limited skills and technology, to quickly shift tactics and generate more believable scams. There is a significant uptick in attempted fraudulent filings, especially in open-class settlements. Additionally, the multitude of new privacy legislation and other security requirements that govern our day-to-day activities are arriving like a torrent out of the floodgates.