Intelligent CIO Middle East Issue 105 | Page 21

LATEST INTELLIGENCE
This report aims to present an overview of the current evolution of GenAI tools and explore the complexities of managing security risks .
Through this survey we aimed to discover :
• GenAI and current tools and threat landscape
• The role and impact regulations with GenAI
• Priorities and planning ahead
Key findings
• Concerns around loss of sensitive data ( 23 %) and lack of resource to monitor use ( 21 %) are the top reasons why organisations have not adopted GenAI tools like ChatGPT
• The main challenges organisations face when it comes to securing Generative AI applications is lack of awareness of GenAI ( 22 %) and budget constraints ( 22 %)
• The survey reveals a split in awareness regarding the key provisions of the EU Artificial Intelligence Act ( AI Act ) concerning GenAI . Almost half ( 48 %) confirm they have read or reviewed the key provisions .
• Over half of respondents ( 57 %) are neutral or believe the AI Act doesn ’ t provide sufficient security and guidance for organisations using GenAI technologies
• The survey indicates that 32 % of organisations are already looking into the specific requirements of NIS2 , highlighting a proactive approach to regulatory compliance p
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