Large Bank Supervision Forum eBook

Generative AI Challenges and Risks

Reliance on AI

Data sharing and ownership

Risk of not adopting Generative AI

Explainability

Hallucinations, bias and adversarial robustness Reproducibility

Security implications

Unpredictable cost of ownership

Developing regulation and policy

Model accuracy

Deep fakes and phishing

Training and usage data exfiltration

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Source: Truist Foundry