Stop sharing your passwords with AI agents, Bank of America warns customers
ZDNET’s key takeaways
- Banks are taking steps to block AI agents from unauthorized bank account use.
- Sharing login credentials with AI agents is risky.
- The technology could pose a privacy nightmare to your financial accounts.
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.
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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.
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