Stop sharing your passwords with AI agents, Bank of America warns customers
Source: ZDNet ·
The bank’s message follows a trend among financial institutions that are restricting third-party AI agent access.
From the source
The age-old warning “don’t share your passwords with anyone” applies to AI agents, too. Also: Who’s responsible for catching rogue AI agents? You are The second-largest bank in the US is urging its customers to stop sharing their banking login credentials with AI. In an email blast titled “Protecting your finances in the AI world,” Bank of America advised customers against sharing their passwords with AI agents. This follows a trend across banking institutions, where some of the top banks in the country, including Citi, Morgan Stanley, and Wells Fargo, are restricting third-party AI agent access. AI agents like Meta’s Muse, Anthropic’s Claude, and OpenAI’s Dots work on behalf of the user and across apps and services to make purchases, send messages, and fulfill to-dos. But the agents can pose a great risk to your banking portfolio if, for example, they make a financial decision on your behalf or compromise your information in a data leak. Despite their growing popularity and quick…