Generative AI (GenAI) is poised to deliver significant benefits to enterprises and their ability to readily respond to and effectively defend against cyber threats. But AI that is not itself secured may introduce a whole new set of threats to businesses. Today IBM’s Institute for Business Value published “The CEO’s guide to generative AI: Cybersecurity,” part of a larger series providing guidance for senior leaders planning to adopt generative AI models and tools. The materials highlight key considerations for CEOs with respect to the cybersecurity benefits that GenAI can bring, and the potential risks it can introduce, to their enterprises.
The guidance draws on insights from 200 C-suite leaders and reveals that despite substantial concerns over risks, enterprises are moving full steam ahead with GenAI adoption, eager to reap the rewards and efficiencies promised by GenAI innovation. Key highlights include:
Innovate first, secure later? Despite nearly all surveyed executives (94%) considering it important to secure AI solutions before deployment, 69% also say innovation takes precedence over security for GenAI.
AI security spend moving upwards: By 2025 AI security budgets are expected to be 116% greater than in 2021, with 84% of respondents saying they will prioritize GenAI security solutions over conventional ones.
GenAI viewed as a force multiplier for cyber workforce: 92% of surveyed executives say that, instead of being replaced, it is more likely their security workforce will be augmented or elevated to focus on higher-value work.
Generative AI becomes cybersecurity’s next big bet
As business leaders seek to drive more effective cybersecurity capabilities across their environments, they are expecting to spend more on generative AI-driven solutions. The overwhelming majority of survey respondents (84%) say they will prioritize generative AI security solutions ..
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