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Cybersecurity requires teamwork in face of GenAI cyberattacks #security

Cybersecurity is 'team sport' amid new GenAI-based cyberattacks

OpenAI’s ChatGPT program, launched in November 2022, democratized AI accessibility, making it available to the general public beyond just experts. However, this accessibility has also led to misuse, as seen in a case where a finance worker in Hong Kong fell victim to a deepfake scam using AI technology. The event highlighted the growing threat of AI-enabled cyberattacks, with a significant increase in ransomware and phishing incidents. Organizations are urged to assess and manage risks effectively to combat these evolving threats.

Microsoft recently discovered a way to bypass guardrails in generative AI models, showcasing the potential dangers of AI misuse. Despite these risks, AI can also aid cybersecurity efforts, with automation playing a crucial role in incident response. Collaboration among various stakeholders, including governments and companies, is emphasized as essential in combating cyber threats. The international community has joined forces to resist ransomware demands and enhance resilience through research projects.

National security and geopolitics further underscore the importance of cybersecurity, especially for economic growth in a balanced environment. Companies are advised to prioritize basic cyber hygiene and invest in security measures to mitigate sophisticated risks. The discussion also highlights the need for collaboration and investment in cybersecurity, emphasizing that cybersecurity is a collective responsibility that extends beyond IT departments.

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Source link: https://fortune.com/asia/2024/06/27/cybersecurity-is-team-sport-amid-generative-ai-based-attacks-tech-experts-accenture/

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