Senior executives in companies are looking into using generative artificial intelligence for cyber defence in the next 12 months, according to a survey by PricewaterhouseCoopers International.
The 2024 Global Digital Trust Insights survey revealed that generative AI is opening frontiers in the area of cyber security, with 69% of executives asked saying they will use the technology for cyber defence in the next year.
The survey, which asked more than 3,800 C-level business and tech executives, found that nearly seven in 10 companies will use the technology amid the possibility of another surge of cyber threats.
Companies are in need of establishing sound AI governance to get ahead of risks that come with the exploration of the technological development. Survey revealed that 63% of the senior executives feel personally comfortable using generative AI tools even without data governance policies in place.
Generative AI for cyber security
For defence. Organisations have long been overwhelmed by the sheer number and complexity of human-led cyberattacks, both of which continually increase. Generative AI is making it easier to conduct complex cyber attacks at scale. Services like WormGPT and FraudGPT are enabling credential phishing and highly personalised business email compromise.
To secure innovation. Businesses are eager to reap generative AI’s many potential benefits to develop new lines of business and increase employee productivity invite serious risks to privacy, cybersecurity, regulatory compliance, third-party relationships, legal obligations and intellectual property. To get the most benefit from this technology, organisations should manage the wide array of risks it poses in a way that considers the business as a whole.