BUSAN, South Korea--(BUSINESS WIRE)--Sep 18, 2023--

Three-fifths of businesses view generative artificial intelligence (AI) as a good opportunity but many fear they are exposed to cyberattacks, research has revealed. Businesses will “not progress” if they do not take risks, as the race to adopt new and emerging technologies heats up, according to accounting giant PwC. Around 37% of firms believe they are highly or extremely exposed to cyber risks, PwC’s survey of more than 3,900 firms around the world found. More leaders who are responsible for managing a firm’s risk said they thought cyber-related threats were a bigger concern than inflation. About a quarter felt that their organisation was very exposed to geopolitical conflict, amid the escalation of conflict in the Middle East. The survey highlights that if organisations don’t take risks, they will not progress Sam Samaratunga, PwC UK's global head of risk services But the survey, which had more than a quarter of responses from companies worth more than five billion US dollars (£4 billion), found that worries over cyberattacks or tech mistakes were not putting firms off transformation. About 60% said they think generative AI is an opportunity for their business rather than a concern. Generative AI, which refers to complex models which can create something completely new based on a vast set of data, has been cutting through into the mainstream with chatbots like ChatGPT. Earlier this month, British bank NatWest revealed it was launching an upgraded chatbot which is powered by the technology to have human-like conversations with customers. Sam Samaratunga, global and UK head of risk services for PwC UK, said: “In a world that is persistently in a state of flux, it is clear that organisations need to transform, with new and emerging technologies playing a critical role in that transformation. “So it is no surprise that cyber and digital risks are top-of-mind in 2023, with those leaders responsible for managing risk ranking cyber higher than inflation. “However, the survey highlights that if organisations don’t take risks, they will not progress.” Read More Young Britons turning to AI chatbots for help with school and work – survey Police to trial use of drones as first responders to emergencies Apple to adopt system to improve texting between iPhones and Android devices ICO seeks permission to appeal against Clearview AI tribunal ruling Users of iPhones can now check bank balance from Wallet app VR tool aims to help rail passengers spot and safely tackle sexual harassment

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More than 400 wildfires are raging across Canada, and misinformation about the blazes is spreading as well, particularly on TikTok. As Media Matters for America (MMFA) noted in a recent analysis, videos on TikTok claiming the fires were started intentionally by helicopters, arsonists, and “directed energy weapons” have garnered millions of views this month, with the false ideas in these videos then spreading to other social media platforms. Only a few of the most viral false videos have been taken down, the analysis notes. Further scrutiny of such claims provides easy evidence to the contrary, with Canadian officials attributing the fires to a combination of lightning strikes, human accidents, and dry, climate crisis-fueled conditions across the country. “We are already seeing one of the worst wildfire seasons on record,” Steven Guilbeault, Minister of Environment and Climate Change, said in a statement earlier this month. “We must prepare for a long summer.” Other videos about the fires featured clips from a controlled burn by fire officials, as well as what was actually a 2015 wildfire, MMFA found. The Independent has contacted TikTok for comment. Tens of thousands of people have been evacuated from their homes including large numbers in Quebec, Alberta and British Columbia. Hundreds of firefighters have arrived from countries like Australia, New Zealand, the US, South Africa, Chile, Costa Rica and France to assist the exhausted Canadian crews. As The Independent has previously reported, misinformation spreads quickly on TikTok during ongoing disasters, thanks in part to public distrust of government officials and an increasingly anti-science bent in US politics. “Social media can be helpful. It alerts people to a situation. It’s a way for widespread dissemination,” Dr Erin Haynes, professor of preventive medicine and environmental health at the University of Kentucky told The Independent in March in the wake of the Ohio train derailment disaster. “But because of that it allows widespread dissemination of false information, so it can go both ways. You have to be very cautious when using social media. Fact-check, find the source of that information.” Read More Canadian wildfire smoke gives Minnesota city the worst air in the US Satellites capture Canadian wildfire smoke pouring into US Midwest Wildfire smoke from Canada might be a problem ‘all summer’