Boon/Bane to Cybersecurity ETFs: An Adviser of ChatGPT?

As discussed at the RSA Conference 2023, OpenAI’s GPT-4, the superior AI language design, is mentioned on tchtarget.com, and it has both positive and negative security implications. Sessions noted harmful effects of large language models, including creating social engineering schemes and spreading disinformation. Nevertheless, some speakers also made the case that GPT-4 can be used effectively in security.

Speakers at the RSA Conference 2023 discussed ChatGPT’s possible for both positive and negative security use, with the assumption that more problems and script modify will occur. OpenAI Playground provides a program for testing various OpenAI model variations for security. Tech companies are now incorporating OpenAI into their products, such as lowering the number of low-risk tasks for surveillance teams with limited resources.

Microsoft’s Security Copilot, which is powered by the company’s GPT-4 design, uses Microsoft Defender Threat Intelligence, Microsoft Sentinel, and verified data sources to support expert surveillance teams with tragedy response, threat hunting, and security reporting. The tool was created to increase security operations center experts ‘ effectiveness.

Is ChatGPT in the Security Arena All Right?

A new security threat is posed by ChatGPT, especially phishing scams created by AI. According to Harvard Business Review, cybersecurity leaders need to educate their IT teams on how to identify AI-generated emails and teach employees how to prevent security, while also advocating for superior detection tools and government oversight of AI use in cybersecurity.

Hackers could be able to sabotage ChatGPT, creating innovative security threats. To detect and protect against AI-generated hacker code, cybersecurity professionals must constantly retrain and become equipped with Artificial technology.

Although good and bad actors can use ChatGPT as a tool in their armory, it’s crucial to prevent ChatGPT-related threats and educate security professionals on how to use it. ChatGPT may be a more common application for malicious actors as the technology develops.

What should be done first?

Overall, software developers should develop generative AI specifically for Security Operations Centers ( SOCs ) with human resources. When using this AI, greater regulations are required. Following the launch of ChatGPT, the Biden administration’s” Blueprint for an AI Bill of Rights” has become even more important.

In a nutshell, with the introduction of ChatGPT, security stocks will probably gain traction, whether or not. Buyers are likely to follow ETFs like ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund HACK, First Trust NASDAQ Cybersecurity ETF CIBR, iShares Cybersecurity &amp, Tech ETF IHAK, and WisdomTree Cybersecurity Fund WCBR. These ETFs are down 2.9 % to 4.4 % in the past one month ( as of Apr 28, &nbsp, 2023 ).

This article was first published on Zacks Investment Research (zacks .com ) in 2001.

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