Additionally, while consumers have taken steps to protect their personal information, only 27% use privacy tools and settings to protect workplace information when using generative AI. Consumers can better protect their sensitive information from unauthorized access and exploitation through active management of their device privacy settings and installing comprehensive device, privacy and identity protection software such as Webroot Premium. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website ( ). Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Powered by actionable insights from our real-time and contextual threat intelligence, OpenText Cybersecurity customers benefit from high efficacy products, a compliant experience and simplified security to help manage business risk. For additional information with respect to risks and other factors which could occur, see OpenText’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. As artificial intelligence becomes more integrated into our daily lives, it’s crucial for consumers to stay informed about its implications for privacy and data security. Privacy tools and settings to protect data collection from generative AI systems are used more in personal life than in the workplace. Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. Waterloo, ON – 2024-10-03 – OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today released the results of Webroot’s 2024 GenAI Consumer Trends and Privacy Report. “The accessibility of generative AI has transformed how people engage with new technology in their personal and work lives,” said Muhi Majzoub, executive vice president and chief product officer, OpenText. The survey of over 1,000 U.S. consumers found that 39% of consumers use generative AI at least weekly, but significant privacy concerns persist, especially among parents. With AI systems often processing vast amounts of personal information, individuals must recognize the potential risks of data misuse and surveillance. Over three-quarters of parents (77%) are concerned about their children’s privacy when using generative AI tools. More consumers rely on generative AI as widespread use grows, but privacy concerns remain. OpenText’s assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. OpenText Cybersecurity provides comprehensive security solutions for companies and partners of all sizes. OpenText Cybersecurity provides comprehensive security solutions for companies and partners of all sizes.
This Cyber News was published on www.webroot.com. Publication date: Thu, 03 Oct 2024 14:43:05 +0000