Cybersecurity experts warn that Generative AI (GenAI) poses major risks to enterprises, with potential for malicious use and data leaks.

Cybersecurity experts warn that Generative AI (GenAI) is a major new risk to enterprises, with potential for malicious use and data leaks. Despite its potential to revolutionize businesses, 85% of GenAI projects reportedly fail, with experts noting that strategies used in overseeing and realizing GenAI's potential differ from traditional software development approaches. The AI market is expected to reach $2 billion by 2030, highlighting the need for careful management and understanding of its risks and challenges.

June 30, 2024
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