Bank of America tells customers not to share passwords with AI assistants
Original title: Bank of America kindly asks that you don’t share your banking password with your AI assistant
The bank says customers remain liable for activity that follows from giving an AI agent their login.
Bank of America emailed customers titled “Protecting your finances in the Al World,” telling them never to share a username and password with another person or an outside service, including an AI tool or agent that offers to act for them. The bank says account holders are responsible for activity that results from that access. TechCrunch says banks are still working out agentic payments and have not immediately commented on the email.
Unconfirmed: The report that banks are grappling with unauthorized agents accessing customer money is attributed as reported, not confirmed by Bank of America.
- The warning covers AI-enabled tools or agents that offer to act on a customer’s behalf.
- A flaw in an assistant could leak banking credentials to attackers, TechCrunch writes.
- Most bank agreements hold customers responsible for anyone they give a login to.
- Bank of America did not immediately respond to a request for comment.
- 1.Do not share banking usernames and passwords with AI assistants or other outside services.
From the original article
2 min read at techcrunch.com
The banking giant reminds customers that "you're responsible for activity" resulting from your AI agents' access.
By Zack Whittaker · techcrunch.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.