AI-based cyber risk management SaaS vendor SAFE Security has announced the release Cyber Risk Cloud of Cloud – a new offering it claims uses generative AI to help businesses predict and prevent cyber breaches. It does so by answering questions about a customer’s cybersecurity posture and generating likelihoods for different risk scenarios. These include the likelihood of a business suffering a ransomware attack in the next 12 months and the dollar impact of an attack, the firm added. This enables organizations to make informed, prognostic security decisions to reduce risk, SAFE Security said.
The emergence of generative AI chat interfaces that use large language models (LLMs) and their impact on cybersecurity is a significant area of discussion. Concerns about the risks these new technologies could introduce range from the potential issues of sharing sensitive business information with advanced self-learning algorithms to malicious actors using them to significantly enhance attacks. Some countries, US states, and enterprises are considerting or have ordered bans on the use of generative AI technology such as ChatGPT on data security, protection, and privacy grounds.