- Generative AI models often train on datasets that may include copyrighted material.
- Using AI in financial settings raises intellectual property (IP) risks.
- Firms could be liable if AI-generated content inadvertently includes copyrighted material.
- AI outputs may closely resemble copyrighted text, code, or proprietary algorithms, leading to infringement claims.
- AI-generated content provided to customers must be accurate and legally compliant.
- Trade secret risks arise if employees input proprietary data into public AI models.
- Some firms have accidentally leaked sensitive code or strategies through AI tools.
- Financial institutions must ensure AI models and APIs are properly licensed for commercial use.
- Improper use of AI can lead to IP lawsuits and loss of confidential business information.