Shadow AI News 3/8/24

Recent Shadow AI News

It's time for our weekly journey into the transformative universe of AI advancements and insights that I've curated especially for you.

Overview of AI Regulations and Regulatory Proposals of 2023

Take the European Union’s ambitious AI Act, for instance, with its far-reaching rules designed to rein in AI applications that pose unacceptable risks. Meanwhile, China has implemented stringent regulations, mandating state review of algorithms to ensure alignment with core socialist values.

https://securityboulevard.com/2024/03/overview-of-ai-regulations-and-regulatory-proposals-of-2023/

Call for protection from pace of AI adoption

Small firms need protection from deepfakes and improvements to the education system to allow Artificial Intelligence (AI) to live up to its true potential, a new report by the Federation of Small Businesses (FSB) shows.

https://www.credit-connect.co.uk/news/call-for-protection-from-pace-of-ai-adoption/

Could Microsoft's AI Strategy Tank Its Reputation?

Microsoft is making a high-stakes bet on AI. But will it tarnish its reputation that it has worked long and hard to rebuild, bringing a return to the "Microshaft" days?

https://www.itprotoday.com/software-development/could-microsofts-ai-strategy-tank-its-reputation

This Week in Enterprise Tech, Week 2

In Week 2 of TWIET, Charles Araujo and Amalgam Insights’ Hyoun Park take on the following topics and why they matter to the CIO Office.

https://amalgaminsights.com/category/office-of-the-cfo/

5 Ways to Prevent Prompt Injection Attacks

Prompt injection attacks are a form of cybersecurity threat that specifically target systems powered by artificial intelligence (AI), including chatbots, virtual assistants and other AI-driven interfaces. These attacks occur when an attacker manipulates the input to an AI model in such a way that it causes the model to execute unintended actions or reveal sensitive information. This manipulation can deceive the AI into interpreting the malicious input as a legitimate command or query.

https://securityboulevard.com/2024/03/5-ways-to-prevent-prompt-injection-attacks/

Beyond Reality: The Rise of Deepfakes

The term Deepfake is a combination of the words ‘deep learning’ and ‘fake’. Deepfakes are AI-generated media, typically in the form of images, videos, or audio recordings. These synthetic content pieces are designed to appear genuine, often leading to the manipulation of faces and voices in a highly realistic manner. Deepfake technology has gained spotlight due to its potential for creating convincing yet fraudulent content that blurs the line of reality.

https://blog.ecosystm.io/rise-of-deepfakes/

Prepare for an Explosion in IT Services Spend

Organisations are seeking further cost reductions. Managed services providers will see more opportunities to take cost and complexity out of organisation’s IT functions. The focus in 2024 will be less on “managing” services and more on “transforming” them using ML, AI, and automation to reduce cost and improve value.

https://blog.ecosystm.io/prepare-explosion-it-services-spend/

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