Innovation is at the heart of the human experience, with a constant stream of new ideas and inventions changing the way we conduct business. But seismic shifts in technology don’t come all at once, or even at a steady pace—they tend to come in waves. During such periods of gradual advancement, organizations can update their resilience strategies to get in front of risks on the horizon and anticipate cyberthreats. In this current cycle of emergent technology, the sophistication of threats powered by generative Artificial Intelligence (AI) means the scale and complexity of cyberattacks may be outpacing an organization’s risk response mechanisms.
The widespread uptake of AI is an example of one of these rapidly transformative moments, and everyone from individuals to organizations and regulators needs to be prepared for the opportunities on offer and the risks they pose. The recent proliferation of lawsuits concerning the use of AI across industries including healthcare, publishing and commercial real estate shows that while AI can be harnessed to drive growth, it also comes with heightened risk if deployed without appropriate guardrails and guidance.
Risk Changes…