One in four firms ban GenAI over privacy, data security risks: Report

More than one in four organisations have banned the use of GenAI over privacy and data security risks, a new report showed on Monday.

Most firms are limiting the use of Generative AI (GenAI) over data privacy and security issues and 27 per cent had banned its use, at least temporarily, according to the ‘Cisco 2024 Data Privacy Benchmark Study’.

Among the top concerns, businesses cited the threats to an organisation’s legal and intellectual property rights (69 per cent), and the risk of disclosure of information to the public or competitors (68 per cent).