CXO Insight Middle East - April 2023

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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.