A survey released Friday by corporate insurer Axis Capital shows there’s a growing divide across the C-suite on how executives view the risks, rewards and impact of cutting-edge AI technology. On one hand, artificial intelligence is rapidly improving cybersecurity defense technologies, but AI is also equipping cybercriminals with sophisticated tools and creating new risks. “When you think about AI, it is not merely a cyber challenge. This technology presents unique burdens, liabilities, challenges and opportunities to CEOs and boards alike,” Axis CEO Vincent Tizzio told CNBC in an exclusive interview. Axis surveyed 250 CEOs and chief information security officers across the U.S. and U.K. on how AI is reshaping the cyber risk landscape. The survey found that while CEOs tend to view AI as a driver of productivity and competitive advantage, CISOs tend to see the technology as a source of increased exposure to risks like data leaks.

Full report : Axis Capital survey shows there’s a growing divide across the C-suite on how executives view the risks, rewards and impact of cutting-edge AI technology.