Gartner Identifies Six ChatGPT Risks Legal And Compliance Leaders Must Evaluate
Gartner, Thursday, May 18,2023
Legal and Compliance Leaders Should Assess Their Organizations' Exposure to These Risks and Build Appropriate Measures to Steer Responsible Use of ChatGPT
Legal and compliance leaders should address their organization's exposure to six specific ChatGPT risks, and what guardrails to establish to ensure responsible enterprise use of generative AI tools, according to Gartner, Inc.
'The output generated by ChatGPT and other large language model (LLM) tools are prone to several risks,' said Ron Friedmann, senior director analyst in in the Gartner Legal & Compliance Practice. 'Legal and compliance leaders should assess if these issues present a material risk to their enterprise and what controls are needed, both within the enterprise and its extended enterprise of third and nth parties. Failure to do so could expose enterprises to legal, reputational and financial consequences.'
The six ChatGPT risks that legal and compliance leaders should evaluate include:...