In the latest McKinsey Global Survey on AI, 40 percent of respondents said their organizations plan to increase their overall AI investment because of advancements in gen AI. Nevertheless, few companies seem fully prepared for the widespread use of gen AI—or the business risks these tools may bring: 53 of organizations acknowledge cybersecurity as a gen AI-related risk, but only 38 percent are working to mitigate that risk. To help your company approach generative AI most constructively, check out the survey results from Michael Chui, Bryce Hall, Alex Singla, Alexander Sukharevsky, and Lareina Yee. Then dive into more insights to help with your cybersecurity strategies, including:
- prioritizing risk modeling and risk assessment scoring
- establishing new cyber-incident reporting and regulation requirements
- partnering with cybersecurity providers to implement next-generation security products
- tapping new or upskilled talent to build a strong cyberrisk team
- considering social, humanitarian, and sustainable risks, as well as technology ones
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