Quantum computing is highlighted as an emerging threat, necessitating the implementation of quantum-resistant encryption algorithms. This transition is complex and requires a comprehensive approach similar to Y2K projects. Additionally, supply chain and third-party risks are expected to grow, with recent data breaches underscoring the importance of robust risk management programs. Organizations must ensure their vendors have appropriate security controls to mitigate these risks.
Key takeaways:
- Artificial Intelligence poses significant cybersecurity risks, and organizations must involve information security teams early in AI project development to mitigate these risks.
- Quantum computers are an emerging threat, and organizations should start planning to implement quantum-resistant encryption algorithms.
- Supply chain and third-party cybersecurity risks are increasing, and organizations need robust risk management programs to address these vulnerabilities.
- It's crucial for CIOs and CISOs to agree on project goals and risks before investing resources into AI projects to avoid wasted time and money.