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LURKING IN THE SHADOWS
ChatGPT has taken the world by storm. This large language model-based AI chatbot has already become the fastest consumer application ever, and businesses are starting to use the technology to automate mundane tasks. Microsoft has recently announced plans to help companies create their own chatbots using the OpenAI ChatGPT technology. As the hype around ChatGPT has reached a crescendo, recently, the Italian privacy watchdog has temporarily banned the AI chatbot over data privacy concerns, and other EU members are expected to follow suit. How much of a security risk is ChatGPT? According to a recent report from Cyberhaven, employees are feeding sensitive company data into ChatGPT. This ranges from source code to patient medical records, which could potentially be revealed to a third party. AI chatbots such as ChatGPT remember and use content people feed into it as training data to improve the technology. Its implications could be far-reaching from a cybersecurity perspective.
Another technology that has a profound implication for cybersecurity is the cloud, which has seen a rapid uptick in adoption in recent years. And it was supposed to be more secure than on-prem systems. However, a recent report from Synyk says 80 percent of companies have experienced at least one cloud security incident in the last year. The most common root cause of cloud security breaches is misconfigurations or access-related vulnerabilities. Now this has opened up a new debate in the industry – who is responsible for security in the cloud? Should it be the user or the service provider? In this issue, we’d spoken to industry thought leaders about this burning topic and cloud security trends you must watch out for this year. Also, you’d read about blockchain, which has been around for over a decade but has not quite lived up to its promise. Now, there is a renewed interest in the technology as it is being adopted in global value chains, international trade, decentralised finance, and banking.
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