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ChatGPT, the powerful AI text generator from OpenAI, is revolutionizing content creation but also raising significant risks. This article explores six alarming ways ChatGPT has already been exploited—from creating polymorphic malware that evades detection to fueling sophisticated phishing scams that can cost billions. For executives, understanding these risks is critical to shaping cybersecurity, ethical AI policies, and workforce strategies. With ChatGPT applications expanding fast, being informed could protect your organization and help you prepare for AI-driven disruptions. This could reshape how companies approach AI ethics and security in the near future.