How many times do we read about something new and think, “What can possibly go wrong, right?” Some new research by the Capgemini Research Institute found that 97% of organizations using generative AI were affected by data breaches or security concerns linked to generative AI, and most do not have an adequate budget to deal with it. ITPro reports:
Over half (52%) pointed to direct and indirect losses of at least $50 million arising from these incidents. As a result, nearly six in ten (62%) said they needed to increase their budgets to mitigate the risks.
Capgemini said the security issues were caused by an increase in the sophistication of attacks from a wider range of adversaries, as well as the expansion of the cyberattack surface, and vulnerabilities found across all aspects of custom generative AI solutions.
At the same time, the misuse of AI and generative AI by employees can significantly increase the risk of data leakage.
Read more at ITPro.