The Dutch Data Protection Authority (AP) has issued a warning, based on its annual data breach report, that AI is significantly escalating the risks of cyberattacks, particularly phishing and data breaches. The AP highlights a 'flywheel effect' where AI creates more sophisticated phishing, leading to more breaches, which then fuel further AI-powered attacks. Organizations are urged to act immediately to strengthen their digital security, with a strong emphasis on management responsibility ('chefsache') to protect personal data and avoid severe financial and reputational damage.