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As AI embeds itself into every corner of business, most executives continue to underestimate the distinct security risks these systems pose. Legacy defenses, designed for rule-based software, cannot safeguard gen AI systems that learn and adapt from data. By combining survey data, executive interviews, and lab analysis, new research reveals systemic gaps: fragile supply chains, opaque vendor services, and an acute shortage of AI-security talent. The implications are clear. Leaders must move beyond patching applications and instead harden the infrastructure and supply chains on which AI depends, while harnessing AI itself as a front-line defense to ensure resilience.