Cybersecurity and AI Teams Examine AI’s Impact on Cybersecurity in Bloomberg Law

In a co-authored article for Bloomberg Law, data, privacy and cybersecurity co-lead Ed McNicholas and managing principal and global head of advanced E-Discovery and A.I. strategy Shannon Capone Kirk examined how artificial intelligence (AI) is transforming the cybersecurity landscape.

“A growing number of threat actors are using AI, including GenAI, to conduct cyberattacks, a trend we could expect to continue in 2024,” the authors noted. “Among other things, GenAI enables attackers to more easily impersonate their potential victims, drafting ever more sophisticated and convincing phishing communications and even using GenAI-enabled software to emulate real voices.”

The authors noted “the SEC and other federal and state regulators are focused on the oversight of cybersecurity risk,” and “AI will more than likely play a key role in helping public companies assess the scope of cyberattacks in order to better meet new Security and Exchange Commission (SEC) public company reporting requirements that went into effect on Dec. 18, 2023.”

“The Cybersecurity & Infrastructure Security Agency has issued a Roadmap for Artificial Intelligence describing its proposed efforts to assess the security of AI software and protect critical infrastructure from malicious uses of AI,” said the authors. “Businesses should continue to monitor these developments both for best practices and potentially new regulatory requirements.