As the interconnected digital landscape continues to evolve, the use of artificial intelligence (AI)—particularly generative AI (GenAI)—is gaining momentum across various business sectors. This widespread interest aims to optimize operations, personalize user experiences, and augment the capabilities of personnel in many areas. Yet, while the potential of GenAI seems limitless, it also introduces a new dimension of cybersecurity risks. Responding to new and emerging threats requires organizations to reflect on the pros and cons associated with this technology and the associated trade-offs.
In this article, we explore some of the key considerations and trade-offs that innovative organizations face when adapting to this new technology both from an operational and cybersecurity perspective.
The pros of GenAI
Emerging generative AI tools offer a myriad of benefits that organizations can leverage to their advantage. From revolutionized business operations to hyper-personalized user experiences, GenAI extends competitive advantages that can drive productivity, innovation, and growth. Some of the key benefits include:
Potential risks
While the benefits of GenAI are undeniable, it's crucial for businesses to proceed with caution and address potential cybersecurity threats that this technology may impose, particularly in terms of safeguarding sensitive information and protecting against malicious use.
Managing the risks
To effectively address the identified risks, it is imperative to modernize and integrate a robust cybersecurity program when incorporating GenAI into your business. Begin by considering the following strategies to strengthen your security posture when using GenAI:
Helping you embrace GenAI
While the integration of GenAI holds immense potential for enhancing digital resilience and responsiveness, it is imperative to approach it with a clear understanding as well as the support of experienced professionals.
BDO's cybersecurity professionals specialize in maximizing the benefits of GenAI while minimizing the risks to your business. We can assess your current security program, identify any gaps, and create a formalized roadmap to meet your needs. Our focus encompasses a holistic perspective that offers end-to-end cyber capabilities. We can help you effectively manage cyber risk by implementing baseline security controls across your people, processes, and technology. This is fortified by our enhanced collaboration with Microsoft and our recent awards, including the Global Security Partner of the Year and the AI Impact Award, underscoring our expertise in cybersecurity services.
To explore an extended suite of services, visit our Cybersecurity and Data and AI webpages.
For further support on how to manage your GenAI adoption securely, contact our leaders:
Natalie Journeay, Client Director, Cybersecurity
Craig Marchand, Vice-President, Exponential Labs