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Tools like ChatGPT and Bard, powered by large language models, showcase how generative AI transforms business processesbut they also pose new risks. Securing these AI models and the data they generate. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022.
The measure prohibits the sale of sensitive data entirely, includes universal opt-out methods and anti-discrimination rules provisions, and provides a limited 60-day right to cure that expires in 2027. With MODPA, Maryland sets a precedent for prioritizing consumer privacy and data protection in the digital era.
every year until 2027, pointing to rapid progress and investment in AI-based security. Privacy Compliance: By 2024, 40% of privacy tools will rely on AI, highlighting its expanding role in ensuring dataprivacy and meeting regulations. Market Growth: AI cyber security technology is projected to grow by 23.6%
But here’s the statistic that should fuel discussion among policymakers and risk managers: Despite the widespread usage and adoption rate across all respondents, only 23% believe their employer would approve of them using Generative AI for work purposes. Still, the risk parameters and ethical dilemmas around it are circumstantially different.
CEOs report that the average proportion of revenue from digital products, services, and experiences are expected to increase by 11% from 2022 to 2027. CEOs list cybersecurity threats as the top concern when asked about what risks would have the biggest impact on their businesses for 2022 through 2024. Cybersecurity.
Tools like ChatGPT and Bard, powered by large language models, showcase how generative AI transforms business processesbut they also pose new risks. Securing these AI models and the data they generate. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022.
Data from the firm IoT Analytics shows that the number of global IoT connections grew by 18% in 2022 to 14.3 By 2027, there will likely be more than 29 billion IoT connections, the firm says. billion active IoT endpoints.
With the social commerce market projected to reach a size of nearly $605 Billion by 2027 , many companies are using platforms such as Facebook and Instagram to reach new customers and grow their sales.
The proliferation of IoT devices and sensors will accelerate, allowing organisations to collect and leverage data for improved operational efficiency and real-time monitoring. Critical infrastructure, such as energy grids and transportation systems, will be targeted, posing risks to national security and economic stability.
The proposal, outlined in a White House fact sheet , focuses on prohibiting the sale or import of connected vehicles that incorporate certain technologies from countries deemed to pose national security risks.
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