Bank of America warns customers: Do not give your online banking password to AI assistants.
Bank of America sent an email titled 'Financial Protection in the Age of AI,' explicitly warning customers not to share their online banking usernames and passwords with external services such as AI agents, noting that any resulting liability will be borne by the customer. Multiple major US banks have detected unauthorized third-party AI access to customer online banking accounts; Morgan Stanley has begun blocking such access, while JPMorgan Chase and Citigroup are also tightening permissions.
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