AI poses new threats to cybersecurity: How Canadian boards can navigate the evolving cyber risk landscape to stay ahead of the curve

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The cybersecurity threat landscape is currently at a time when new threats are continuing to emerge, not the least of which are risks related to the use of artificial intelligence (AI), specifically generative AI. In response, there is increasing pressure on regulators to tighten rules and transparency around cybersecurity reporting and disclosures, which in turn highlights the importance of boards of directors taking charge and being proactive on the subject. The below article puts into context new threats potentially posed by the use of AI, the overall regulatory landscape, and ways in which boards can arm themselves to protect their organizations.

AI and cybersecurity

NSA Cybersecurity director has recently called AI a “game-changing technology” with respect to cybersecurity. Generative AI is a type of AI that generates text and other content from a user’s prompts. These systems rely on so-called “large language models,” which are models trained on large amounts of data in order to then generate human language-like communications.

It is not a stretch to state that these tools can be used to more effectively write and distribute malware and automate attacks….

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