Report raises exploitation concerns of gen AI by bad actors

ISACA has launched new research looking at the use, risk and impact of generative AI
Almost all respondents to a study by ISACA said they are worried, to some extent, about the potential exploitation of generative AI by bad actors

Business and IT professionals say they are worried about how bad actors could potentially exploit generative AI, but according to research by professional association ISACA only a quarter perceive AI-related risks as an immediate priority.

ISACA, the leading global professional association helping individuals and organisations in their pursuit of digital trust, has launched new research looking at the use, risk and impact of generative AI. 

Of those surveyed, 99% say they are worried, to some extent, about the potential exploitation of generative AI by bad actors. Furthermore, 74% believe that cybercriminals are harnessing AI with equal or even greater success than digital trust professionals. 

However, these growing fears have not translated into widespread action as only a quarter (28%) of respondents perceive AI-related risks as an immediate priority.  A mere 10% of organisations have formal, comprehensive policies in place governing the use of AI technology, and 29% have no policy, and no plans to implement one at all.  

"In today's rapidly evolving technological landscape, AI will play a key role in transforming industries as a whole. Holistic digital trust framework implementations are a prerequisite to enjoying the benefits of AI in a more secure, privacy-friendly, ethically acceptable and risk-controlled manner," said Chris Dimitriadis, Global Chief Strategy Officer at ISACA.

Lacking training to cope with rise in AI

Despite the clear concerns associated with AI, just 7% of organisations are providing all employees with AI training. One in 10 (10%) business and IT professionals think job responsibilities within their organisations have already increased due to advancements in generative AI, and this is set to increase, as nearly four in five (79%) agree that many jobs will be modified by AI in the next five years.  

Businesses are starting to acknowledge the rise of AI, with almost one in five (19%) increasing the number of jobs for AI-related functions in the next 12 months. They’re also aware of the potential benefits it brings, with respondents feeling it will have a positive impact on their industry (60%), their organisation (54%) and their career (46%), over the next 5 years. 

“Business and IT professionals are aware of the potential positive impact of AI, but to reap the benefits they must ensure the staff in their organisations are trained on how to use AI effectively and safely,” ISACA CEO, Erik Prusch, added. “By providing comprehensive training as part of an overarching AI strategy, businesses can stay ahead of the curve and ensure the safety and security of their operations while promoting long-term business success.”

******

For more insights into the world of Technology - check out the latest edition of Technology Magazine and be sure to follow us on LinkedIn & Twitter.

Other magazines that may be of interest - AI Magazine | Cyber Magazine.

Please also check out our upcoming event - Net Zero LIVE on 6 and 7 March 2024.  

******

BizClik is a global provider of B2B digital media platforms that cover Executive Communities for CEOs, CFOs, CMOs, Sustainability leaders, Procurement & Supply Chain leaders, Technology & AI leaders, Cyber leaders, FinTech & InsurTech leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare and Food.

BizClik – based in London, Dubai, and New York – offers services such as content creation, advertising & sponsorship solutions, webinars & events.
​​​​​​​

Share

Featured Articles

Why JFK Airport is Embracing an AI-Driven Data Strategy

Leveraging Microsoft’s Azure Data Platform, Wipro's AI solution will consolidate data from various departments to a single platform for JFKIAT to analyse

Tech & AI LIVE: Gen AI Announces Four New Speakers

Tech & AI LIVE: Gen AI welcomes four new speakers from PwC, DXC Technology, Trend Micro, and Tech Mahindra

SAP Completes WalkMe Acquisition to Enhance User Experience

SAP aims to streamline digital adoption with its US$1.5bn purchase of WalkMe, signalling a significant shift in enterprise software strategy

Industrial Robotics: From Assembly Lines to AI Dogs at JLR

AI & Machine Learning

ServiceNow Xanadu a Leap Forward in Enterprise AI

AI & Machine Learning

How Deloitte, Nvidia & Oracle are Driving Enterprise Gen AI

AI & Machine Learning