Bank of America warns customers not to give passwords to AI assistants

On 28 October 2026, TechCrunch reported that Bank of America sent customers an email titled “Protecting your finances in an AI world”, warning them not to hand their username and password to any outside service, including AI tools or agents that claim to act on their behalf. The bank said sharing credentials could let an AI assistant move money without the user's knowledge, trigger the bank's risk controls and lock the account, or leak credentials through a flaw in the assistant's security. Most bank account agreements hold customers responsible for activity that occurs after they let someone else log in. The bank has sent the warning; there have been no further developments.

Written by AI from the reports · updated 59 min ago

Not enough continuous observations yet to draw a trend.