Artificial Intelligence and Cyber Risk
The power of AI is creating new and evolving cyber risks. This article explores those risks, the legal landscape and consequences for organizations in the UK and US that fail to implement sufficient cyber protections, and the steps that legal departments should be taking to protect their organizations. AI cyber risk – both an internal and external challenge From an internal cyber defense perspective, AI as a technology is not substantially more risky than other new and novel IT systems. The internal risk stems from the rapid adoption of new technologies creating new attack avenues. AI is fueling a boom in new AI companies and the integration of AI into existing platforms. The speed of this change means the new technology may be less well tested and, accordingly, comes with heightened risks of undetected or unpatched vulnerabilities. It also introduces change risk as new technology is onboarded. This often requires bringing new systems onto an existing IT estate or new connection...