AI can accelerate research, drafting, summarization, and workflow automation. But secure use requires more than a policy. It requires governance, oversight, and controls that align with current guidance from NIST, OWASP, SANS, FINRA, and the SEC.
AI increases speed and efficiency, but it also increases the speed of mistakes, data leakage, and social engineering.
Regulated firms still own supervision, customer protection, books and records, and incident response obligations when AI is used.
Threats now include prompt injection, sensitive information disclosure, overreliance on outputs, and AI-enabled fraud such as business email compromise.
Use vetted vendors, managed identities, and clear use-case approvals.
Block or restrict client data, PII, credentials, contracts, and other confidential information from public AI tools.
Treat AI as an assistant. Humans approve client-facing, financial, supervisory, and risk-significant outputs.
Capture who used AI, for what purpose, and what records must be retained.
Assess privacy terms, training rights, prompt injection exposure, plugins, agents, and third-party dependencies.