SECSEC-001 — Model Security Vulnerabilities
Generative AI Enabling Financial Fraud and Market Manipulation
4/5Sector: OtherGeography: GlobalStage: OperateIngested: —
Executive Summary
Large language models present material risks of fraud, market manipulation, and broader economic harm through nefarious generative applications. Boards must treat AI-enabled financial crime as a live regulatory and fiduciary exposure requiring immediate governance controls.
Domain
Security & Privacy
Blindspots in model security, data poisoning, privacy leakage, infrastructure, model theft, and incident response.
Source
MIT AI Risk Repository — GenAI against humanity: nefarious applications of generative artificial intelligence and large language models (Ferrara2023) ↗https://airisk.mit.edu/
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