A new research study from BigID explores generative AI
adoption, challenges, and outlook for organizations in 2024
NEW
YORK, April 24, 2024 /PRNewswire/ -- BigID,
the pioneer in AI-augmented data security, compliance, and privacy
for modern cloud-first enterprises, today published "The 2024
Global Report on Generative AI: Breakthroughs & Barriers." This
exclusive research, commissioned by BigID as an SAP Endorsed App
partner, explores AI adoption trends, challenges, impact, and
future plans of generative AI within organizations.
As organizations embrace the transformative power of Generative
AI, managing the data that fuels these models is paramount.
Security concerns surrounding AI have spurred rapid legislative
responses like the EU AI Act and US Executive Orders, highlighting
the need to mitigate potential risks.
BigID streamlines security and risk management for organizations
embarking on AI initiatives, enabling companies to govern and
secure data that feeds GenAI, including Microsoft Copilot, ChatGPT,
and other large language models (LLMs). By granting
comprehensive data visibility and control, BigID empowers
organizations to ensure responsible and compliant AI adoption from
the outset, streamlining discovery, risk management, and compliance
processes for AI.
Key Findings:
- 83% of organizations are actively embracing or preparing
for generative AI
- More than two-thirds of organizations rank data security
risks as their top AI concern.
- 50% of organizations consider data security to be the
number one challenge when implementing AI.
- Nearly 50% of organizations experience adverse business
outcomes from AI usage, including data breaches.
- 73% of those surveyed lack full confidence in
meeting future AI regulations.
The adoption of generative AI within the workplace presents a
unique set of challenges for organizations. While its potential to
revolutionize productivity and operations is undeniable, ensuring
the security, privacy, and responsible use of the data it leverages
is critical.
"Generative AI offers tremendous opportunities for innovation
and growth," says Stephen Gatchell,
BigID's Sr. Data Advisory Director. "However, as our research
shows, organizations must prioritize the data that fuels GenAI -
and apply strong security, privacy, risk management, and compliance
controls to that data in order to unlock the full potential of
generative AI while mitigating the associated risks."
This study explores the biggest challenges, the root cause of
these issues, and actionable solutions to strengthen data security,
privacy, management, and compliance in the age of AI.
Get an exclusive copy of the study here:
- Read more about the survey here
- Visit BigID at RSAC on May 6 -
9 to learn more about how organizations are safely
accelerating their AI Adoption
- Get a 1:1 Demo with AI Security Experts
Methodology
BigID, an SAP Endorsed Apps partner,
commissioned YouGov to conduct a comprehensive study on present and
future trends in the adoption of generative AI. The survey,
conducted in November 2023, carried
out 327 interviews with IT decision-makers and influencers from
organizations around the world of various sizes, industries, and
locations.
To learn more about the "2024 Global Report on Generative AI:
Breakthroughs & Barriers," visit
https://home.bigid.com/generative-ai-breakthroughs-barriers.
About BigID
BigID is a pioneer in data security and
compliance for the public and private cloud, helping to define new
data security product categories like DSPM (Data Security Posture
Management) and redefine categories like Data Discovery, Data
Classification, Data Loss Prevention, and Data Access
Management.
BigID empowers organizations to know their enterprise data and
take action for data-centric security, privacy, compliance, AI
innovation, and governance. Customers deploy BigID to proactively
discover, manage, protect, and get more value from their regulated,
sensitive, and personal data across their data landscape. BigID has
received multiple awards for its data intelligence solutions. These
include CNBC's 2022 Top 25 Startups for the Enterprise and
Forbes Cloud 100 in 2021.
Additionally, BigID has been recognized in the 2023 Inc. 5000 and
Deloitte 500 for three consecutive years. The company was also
named a "Market Leader Data Security Posture Management (DSPM)" in
the 2023 Global InfoSec Awards and has won both the World Economic
Forum Technology Pioneer and RSA Innovation Sandbox awards. Find
out more at https://bigid.com.
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SOURCE BigID