Claim · 2024-05 · publication · Stated in source · Supported

The ECB Financial Stability Review special feature of May 2024, prepared by Georg Leitner, Jaspal Singh, Anton van der Kraaij and Balázs Zsámboki, states that criminals could adapt AI for cyberattacks, market manipulation and deepfakes, and its Box A (prepared by Sándor Gardó and co-authors) states that AI tools will enhance the capabilities of threat actors, including through deepfakes in phishing.

One recorded claim. The claim panel gives its qualification, the source passages with their place in each source, and how it was checked.

What it connects

The rise of artificial intelligence: benefits and risks for financial stability → articulates → AI increases cyber, fraud and operational risks in finance

Where it appears

AI and money: what central banks and financial authorities have said, 1997–2026 →

Claim and evidence

The rise of artificial intelligence: benefits and risks for financial stabilityarticulates ↓AI increases cyber, fraud and operational risks in finance

Machine-checkedStated in sourceSupported

Supporting evidence: primary · 1 source

Date: 2024-05 · publication Records dated 2024 →
Role: Articulation
Register (kind of text): Nonfiction

Scope and limitsThe box also states that AI benefits cyber defence and that it is difficult to assess which side will gain; the text records a change in capabilities, not a measured rise in losses attributable to AI.

The evidence 02

primary sourceSupports the claim

The rise of artificial intelligence: benefits and risks for financial stability

European Central Bank · 2024-05

Cite the original source

Cite the original document, not Selekoa. Check these details against it.

Source excerpt

“criminals could fine-tune and spoil otherwise harmless AI for specific operations (e.g. cyberattacks, misinformation, market manipulation, use of deep fakes to undermine confidence in a financial institution, etc.), increasing their threat potential.”

Location in source Section “Benefits and risks of AI for financial institutions”

How it was read Retrieved directly from the publisher

Machine-checked · 2026-11-06

Source details and check notes

Authors: Georg Leitner; Jaspal Singh; Anton van der Kraaij; Balázs Zsámboki
Version: Retrieved for the candidate pack on 2026-11-02 (SHA-256 cf5b2c1621ba1591fb3b4c4aabc4a013108254efe307797711a8b339ad65ce3b). Retrieved again at admission on 2026-11-06 (SHA-256 b19d563ac6f4dbed1d9dca9ddc1dd3d60e3a63d0a17789468e84eda204c8a5d2; web pages are served with new markup on each request). HTML of the special feature in the Financial Stability Review, May 2024, as served on 2026-11-02
Canonical address: Open the canonical source ↗
Accessed: 2026-11-06
Language: English (en)
Attribution: Georg Leitner, Jaspal Singh, Anton van der Kraaij, Balázs Zsámboki, “The rise of artificial intelligence: benefits and risks for financial stability”, 2024-05.
Reuse: No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution.
Check notes: Candidate pack passage, AI and money (research/ai-money). The quotation (32 words) matched a fresh retrieval of 2026-11-06. Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review.

primary sourceSupports the claim

The rise of artificial intelligence: benefits and risks for financial stability

European Central Bank · 2024-05

Cite the original source

Cite the original document, not Selekoa. Check these details against it.

Source excerpt

“AI tools will enhance the capabilities of threat actors while also benefiting cybersecurity.”

Location in source Box A “The implications of artificial intelligence for cyber risk: a blessing and a curse”

How it was read Retrieved directly from the publisher

Machine-checked · 2026-11-06

Source details and check notes

Authors: Georg Leitner; Jaspal Singh; Anton van der Kraaij; Balázs Zsámboki
Version: Retrieved for the candidate pack on 2026-11-02 (SHA-256 cf5b2c1621ba1591fb3b4c4aabc4a013108254efe307797711a8b339ad65ce3b). Retrieved again at admission on 2026-11-06 (SHA-256 b19d563ac6f4dbed1d9dca9ddc1dd3d60e3a63d0a17789468e84eda204c8a5d2; web pages are served with new markup on each request). HTML of the special feature in the Financial Stability Review, May 2024, as served on 2026-11-02
Canonical address: Open the canonical source ↗
Accessed: 2026-11-06
Language: English (en)
Attribution: Georg Leitner, Jaspal Singh, Anton van der Kraaij, Balázs Zsámboki, “The rise of artificial intelligence: benefits and risks for financial stability”, 2024-05.
Reuse: No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution.
Check notes: Candidate pack passage, AI and money (research/ai-money). The quotation (13 words) matched a fresh retrieval of 2026-11-06. Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review.

Status and meaning

Editorial status. Machine-checked. Machines found this record and checked it against its sources; no person accepted it individually. Each evidence record above shows how it was checked.

Relation. A passage of the document meets the proposition’s criterion. The record documents what the text states, in its register (fiction and satire are labelled); it is not evidence that the proposition is true and implies no influence on or from another text.

Date. Date of publication, as the text gives it.

Record ID am-u03-ecb-2024-fsr-ai