We all agree that public AI tools are fantastic for general tasks such as brainstorming ideas and working with non-sensitive customer data. They help us draft quick emails, write marketing copy, and even summarize complex reports in seconds. However, despite the efficiency gains, these digital assistants pose serious risks to businesses handling customer Personally Identifiable Information (PII). Most public AI tools use the data you provide to train and improve their models.

ChatGPT and other generative AI tools, such as DALL-E, offer significant benefits for businesses. However, without proper governance, these tools can quickly become a liability rather than an asset. Unfortunately, many companies adopt AI without clear policies or oversight. Only 5% of U.S. executives surveyed by KPMG  have a mature, responsible AI governance program. Another 49% plan to establish one in the future but have not yet done so. Based on these statistics, while man