Generative Artificial Intelligence (GenAI) is transforming the workplace, but its adoption introduces significant risks to data security and privacy. Recent incidents underscore the urgency of addressing these issues. This comprehensive survey investigates the implications of GenAI integration in workplaces, focusing on its impact on organizational operations and security. We analyze vulnerabilities within GenAI systems, threats they face, and repercussions of AI-driven workplace monitoring. By examining diverse attack vectors like model attacks and automated cyberattacks, we expose their potential to undermine data integrity and privacy. Unlike previous works, this survey specifically focuses on the security and privacy implications of GenAI within workplace settings, addressing issues like employee monitoring, deepfakes, and regulatory compliance. We delve into emerging threats during model training and usage phases, proposing countermeasures such as differential privacy for training data and robust authentication for access control. Additionally, we provide a comprehensive analysis of evolving regulatory frameworks governing AI tools globally. Based on our comprehensive analysis, we propose targeted recommendations for future research and policy-making to promote responsible and secure adoption of GenAI in the workplace, such as incentivizing the development of explainable AI (XAI) and establishing clear guidelines for ethical data usage. This survey equips stakeholders with a comprehensive understanding of GenAI’s complex workplace landscape, empowering them to harness its benefits responsibly while mitigating risks.