But new technologies also carry risks, including the potential for bad actors to exploit them for fraudulent purposes.

The Economist magazine published an article titled “The AI boom meets a new kind of crypto scam” about AI and payments.

As more business activity moves online, the opportunities created by new technologies will continue to grow, but so will the risks.

Staying informed, recognizing potential threats and taking precautions are essential to protecting yourself and your business.

Justin Golden is the co-founder and chief operating officer of Golden Technology Services Inc., a Connecticut-based IT services company.