Korea-based Samsung SDS is releasing its own generative artificial intelligence service for enterprises, aimed at helping them better protect their corporate data.
Despite the benefits generative AI brings in terms of work efficiency, cybersecurity risks, and information leakage have been cited as the dark side of generative AI as it collects data to create new content including text, music, images, code, or any other form of data.
In fact, data leaks are a thorny issue in Korea after the country’s third-largest wireless carrier, LG Uplus, unveiled earlier this year that the personal information of around 180,000 customers was leaked following data breaches.
Ironically, these security concerns are what prompted computer software companies like Samsung SDS to develop their own AI models to help companies bring back consumer confidence. Samsung SDS at its conference call detailing the second quarter performance stated it’ll guarantee high security based on industry expertise accumulated through its big data analysis and automation tools via its Samsung Cloud Platform.
According to the joint report by Korea’s Ministry of Science and ICT and the Korea Internet & Security Agency on Monday, the number of reported damages stemming from cyber and ransomware attacks during the first half of this year has risen by 40% compared to the same period last year to 664.
In May, the Ministry of Science and ICT unveiled plans to invest about 400 billion won (US$ 310.9 million) for tech development to boost cybersecurity.
