Powerful tools can be used for good or misused for harm. AI is no different.
Per a recent Deloitte Consulting survey, 82% of AI early adopters report a positive return, averaging 17%. Tech, media & entertainment, and telco companies are leading the ROI.
Adoption of new technology brings cybersecurity risks. 59% of businesses surveyed are using AI with their enterprise software. Such integration represents new avenues for attack, data leakage, transaction manipulation, and potential service disruption. Rightfully so, cybersecurity tops the list of concerns for respondents. 32% reported AI related breaches.
Security concerns are creating in friction for AI adoption. About 20% of those surveyed are holding off of launching AI programs and 30% are slowing down implementation due to cybersecurity risks.
The industry must collaboratively move with forethought and work proactively to secure AI, thereby enabling the tremendous business benefits.
Reference Link: https://www.zdnet.com/article/early-ai-adopters-report-big-returns/