Part 1: Unpacking the Cybersecurity Implications of ChatGPT for Business Use

July 12, 2023

Businesses are increasingly embracing cutting-edge technologies to enhance their operations and customer interactions. One such technology that has gained considerable attention is ChatGPT, a powerful language model that can enable businesses to automate and streamline different tasks, from simple things like transcribing meeting notes, to more complex projects like creating and executing a marketing campaign. While ChatGPT offers promising opportunities, it is crucial that business owners and users are aware of the potential cybersecurity risks currently associated with its use.

In this blog series, we delve into the world of ChatGPT from the perspective of a business leader or any business user. Explore the potential cybersecurity implications that arise when incorporating ChatGPT into business processes, the risks that demand attention, and the steps that can be taken to safeguard sensitive information and maintain the trust of customers.

We cover this in two parts where we discover the potential cybersecurity implications of using ChatGPT in the first part and discuss the recommendations we would give business users in the second part. By understanding these risks and taking proactive measures, you can harness the power of ChatGPT while mitigating potential threats to your operations, customer privacy, and overall cybersecurity posture.

ChatGPT and AI continue to develop at a rapid pace and as of 2023 AI is still in the beginning phases of adoption. This is a period where people are discovering ground-breaking ways of using AI for good, and there are some that will find ways to use it in nefarious ways and exploit others for some kind of monetary gain. Staying aware and vigilant is the best way to prepare for a world using AI technology.

ChatGPT In the News

Though we are still in the early stages of implementation with tools like ChatGPT, there are already news stories containing valuable lessons. Here are a few examples of the challenges some businesses have encountered using ChatGPT.

Samsung workers made a major error by using ChatGPT | TechRadar

Early in 2023 Samsung suffered three different incidents with ChatGPT, learning some valuable lessons about AI in its infancy. The first incident occurred when Samsung allowed engineers at its semiconductor arm to use the AI technology to help edit and optimize their source code. In doing so, confidential information was shared with the public AI model such as source code and meeting notes relating to their hardware.

Because ChatGPT retains the data from users to train itself, Samsung trade secrets are now publicly available to work from and have become part of the ChatGPT learning model. Samsung sent out a warning to its workers on the potential dangers of leaking confidential information in the wake of these incidents.

Hackers are selling a service that bypasses ChatGPT restrictions on malware | Ars Technica

Recent developments in the cybersecurity landscape have revealed a concerning trend where hackers have managed to circumvent the limitations of ChatGPT, exploiting it for illicit purposes. These malicious actors have discovered a way to leverage the capabilities of ChatGPT to sell nefarious services. By obtaining a specific link, users can access a malicious script that empowers the chatbot to craft phishing emails with impeccable grammar and syntax.

For businesses, this poses a significant challenge in dealing with the ever-growing threat of phishing emails and malicious websites. Phishing attacks already rank as the most prevalent IT threat in America, and the utilization of tools like ChatGPT by hackers exacerbates the issue. With the integration of advanced language generation, the content generated by these malicious chatbots becomes incredibly difficult to discern from legitimate communications. As a result, the frequency and sophistication of such attacks are expected to rise substantially, intensifying the battle against cyber threats for businesses across various industries.

JPMorgan Joins Other Companies in Banning ChatGPT (aibusiness.com)

JPMorgan Chase has reportedly banned the use of ChatGPT by its staff due to compliance concerns over using third-party software. They are not the only company to do so, as Amazon, Verizon, and Accenture have taken steps to keep confidential information from being entered into ChatGPT. In many industries, keeping personal information private is absolutely mandated by their compliance requirements. The use of ChatGPT in these industries can possibly result in fines for violating privacy requirements.

Top Concerns Regarding ChatGPT for Business Use in 2023

1. Privacy and Noncompliance

The prospect of ChatGPT capturing and retaining user data raises legitimate concerns, especially when implemented in chatbots or virtual assistants. Protecting the privacy of users becomes of utmost importance, requiring rigorous measures to guarantee secure storage and proper handling of any data collected by ChatGPT. This is particularly crucial for industries like Healthcare, Financial Services, Technology, and others that deal with sensitive client or customer information, as data protection and regulatory compliance are industry-specific requirements that demand meticulous attention.

2. Malicious use

The concern arises regarding the possibility of cybercriminals exploiting ChatGPT to craft convincing phishing emails, launch social engineering attacks, or carry out various malicious activities. Mitigating the risk of such malicious exploitation requires the implementation of proactive measures and solutions. By diligently monitoring for suspicious behavior and incorporating robust user authentication measures, businesses can fortify their defenses against breaches. These precautions play a pivotal role in thwarting potential cyber threats.

3. Misinformation

The concern arises regarding the potential of ChatGPT to generate text that presents itself as factual but may contain misinformation or propaganda. This capability could be exploited to manipulate public opinion or deceive customers, resulting in severe consequences for businesses. A notable example is when a lawyer employed ChatGPT to prepare court filings, and the system generated fabricated cases and rulings, surprising the lawyer with its ability to create seemingly authentic content. In order to prevent the dissemination of misinformation, it becomes imperative to implement rigorous checks to verify the accuracy of any text generated by ChatGPT. By diligently scrutinizing the output and ensuring its reliability, businesses can safeguard against the inadvertent spread of misleading information and maintain the trust and credibility they have established with their audience.

Coming Up…

As businesses explore the potential of ChatGPT and its integration into their operations, it is essential to be mindful of the cybersecurity implications that come along with it. Throughout this blog post, we have highlighted several key concerns that business owners and users should consider when adopting ChatGPT. In the next blog post, we will cover some recommendations to implement in your business when it comes to adopting the use of AI tools such as ChatGPT.

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