Knowledge@Wharton September 3, 2024
Left unguarded, generative AI can spread misinformation and enable attackers to commit new crimes, writes Wharton’s Sarah Hammer.
The following op-ed was written by Sarah Hammer, an executive director leading financial technology initiatives at the Wharton School and adjunct professor at the University of Pennsylvania Carey Law School. It was originally published on MarketWatch.
Cybersecurity protection company CrowdStrike’s faulty software update caused a global meltdown in technology systems in July. Financial institutions experienced significant disruption, with banks, brokerage firms, and trading infrastructure suffering interruptions to online functions, operations, and access to important data.
Around the world, industries and governments were negatively impacted. In a public statement, CrowdStrike CEO George Kurtz announced that a logic error in a configuration update rolled...
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