Bank of America explicitly prohibits customers from sharing banking passwords with AI agents

According to ZDNet and CIO.com, Bank of America issued public customer guidance prohibiting password sharing with AI assistants. The warning reflects a trend among financial institutions restricting third-party AI agent access to customer accounts, addressing security risks from unauthorized agent actions on financial systems.

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This intelligence is sourced automatically from public sources across the web and synthesised by the Prefactor AI pipeline. Stories are reviewed before publication.