Security News > 2023 > August > Navigating generative AI risks and regulatory challenges

The mass availability of generative AI, such as OpenAI's ChatGPT and Google Bard, became a top concern for enterprise risk executives in the second quarter of 2023, according to Gartner.

In May 2023, Gartner surveyed 249 senior enterprise risk executives to provide leaders with a benchmarked view of 20 emerging risks.

The report includes detailed information on the possible impact, time frame, level of attention, and perceived opportunities for these risks.

Gartner has previously identified six risks of generative AI and four areas of AI regulation that are relevant to assurance functions.

It's important to educate corporate leadership on the necessity for caution and transparency around the use of such tools so that intellectual property risks can be properly mitigated both in terms of input and output from generative AI tools.

"Hackers are always testing new technologies for ways to subvert it for their own ends, and generative AI is no different," said Xu. "We've seen examples of malware and ransomware code that generative AI has been tricked into producing, as well as 'prompt injections' attacks that can trick these tools into giving away information they should not. This is leading to the industrialization of advanced phishing attacks."

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https://www.helpnetsecurity.com/2023/08/14/generative-ai-risks-regulatory-challenges/