Generative AI remains a source of considerable concern for business leaders, with more than 9 of 10 CEO respondents to a poll from KPMG International saying they believe it makes their companies even more vulnerable to cybersecurity breaches. This is despite 81% of respondents from SMBs saying they see benefits to cybersecurity from generative AI, noting that it will also help their ability to detect and respond to threats.
Says Nartaj Mijjar, partner and national leader of KPMG in Canada’s cybersecurity practice, “Generative AI can help organizations bolster their security posture and gain efficiencies while doing so. However, the reality is cyber criminals will increase the use of generative AI in their attack strategies as well, and they can be much faster at adopting the technology than large organizations are. What that means is we’re likely to see more generative AI-enabled attacks particularly through social engineering, where deepfakes can be deployed to fool employees into compromising company data and bypassing traditional access methods.”
Integration of generative AI into cybersecurity defenses can offer significant benefits, but it needs to be done with care to ensure the effects can be maximized. Says Nisal Samarakkody, a partner in KPRM’s cybersecurity practice, “Successful implementation and enablement of AI capabilities – including generative AI – is a journey that starts with optimizing existing cyber security controls, understanding gaps, readiness, and investing in emerging capabilities in line with the evolving cybersecurity landscape and organizational boundaries. Without that, organizations may not be able to leverage generative AI to its full potential, and they risk falling behind their peers and being vulnerable to complex threats.”
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