1 Altimet Security, India Abstract According to the world economic forum, AI is expected to add $15 trillion to the world’s economy by 2030. In particular, Gen AI could add $60-$110 billion annually in the pharma and healthcare industry. The huge productivity gains and economic growth potential are driving the adoption of AI worldwide. At […]
Shadow AI- Navigating the Unseen Risks in Cybersecurity
The Ever-Shifting Cybersecurity Landscape and the Rise of Shadow AI The world of cybersecurity is a battlefield in constant flux. Chief Information Security Officers (CISOs) are like generals, tirelessly strategizing against ever-evolving threats. Now, a new enemy has emerged from the digital mist: Shadow AI. What is Shadow AI? Imagine a scenario where […]
The Impact of Shadow AI on Banking and Fintech: Compliance, Security, and Ethical Considerations of AI Governance
Introduction Gen AI could add $200-$340 billion annually in the banking industry. The fintech industry has been revolutionized by the advent of generative artificial intelligence (AI), enhancing everything from fraud detection to personalized financial advice. However, a burgeoning concern is the rise of “shadow AI,” which refers to unsanctioned, unregulated, or hidden AI implementations within […]
Prompt Injection
Generative AI, a technology that feels distinctly modern, actually traces its roots back to the early 20th century. In 1932, Georges Artsrouni conceived the “mechanical brain,” a machine designed to translate languages using a mechanical computer and punch cards. This early innovation laid foundational ideas that would evolve significantly over the decades. The field continued […]
Shadow AI and Secret Cyborgs: Unveiling the Challenges in Pharma, Healthcare, and Discovery
Gen AI can contribute $110 billion to the pharmaceutical and healthcare industry. Growth in AI Adoption in Pharma and Healthcare AI adoption in the pharmaceutical and healthcare sectors is rapidly increasing. According to a report by Grand View Research, the global AI in healthcare market size was valued at $15.4 billion in 2022 and […]
The Hidden Dangers of Unsanctioned AI in the Workplace: A Guide for Business Leaders
As artificial intelligence (AI) continues to revolutionize various industries, its adoption in the workplace is becoming more prevalent. AI has the potential to streamline operations, boost productivity, and even open new revenue streams. However, alongside these benefits comes a growing concern: the risks associated with unsanctioned AI use by employees. In this article, we will […]
Wake-Up Call: The CrowdStrike Outage and Why Your Business Needs to Be Prepared
The recent widespread IT outage caused by a CrowdStrike update, impacting over 8.5 million Microsoft devices, serves as a stark reminder of the interconnectedness and fragility of our digital world. This incident highlighted the potential consequences of even a single point of failure within a complex IT ecosystem. The Devastating Impact of the Outage The […]
In the era of Generative AI, the role of CISOs has never been more crucial
Introduction: The Gen AI Revolution The rapid ascent of Generative AI has ushered in a new era of possibilities, transforming industries and redefining businesses from top to bottom. From automating several manual tasks to enabling groundbreaking innovations, Generative AI is revolutionizing the way organizations function. However, this technological revolution has also introduced a complex number […]
Unveiling the Risks: Generative AI’s Impact on Security Posture
The advent of generative AI tools has brought about a revolution in various industries, offering unprecedented potential for innovation and productivity. However, the deployment of public generative AI tools also presents significant risks to data security and privacy. While these tools can drive business transformation, their misuse can lead to severe consequences such as data […]
Embracing Technological Advancements: The CISO’s Guide to Resilient Cybersecurity Practices
In the fast-paced world of technological advancements, staying ahead of the curve is essential for any organization. With innovations like Chat GPT and other Large Language Models (LLMs) revolutionizing various industries, the role of Chief Information Security Officers (CISOs) has never been more crucial. CISOs are the guiding force steering organizations toward resilient cybersecurity practices […]