"The responsibility is on you": The major bank's dramatic warning against AI agents

Bank of America has issued an urgent warning to its customers, prohibiting them from sharing login credentials with artificial intelligence agents. The bank clarifies that sharing passwords with digital assistants transfers full responsibility for financial losses to the customer. The warning comes amid reports of AI agents carrying out unusual transactions in US bank accounts.

Bank of America, one of the world's largest financial institutions, has issued an urgent warning to its customers prohibiting them from sharing usernames and passwords with artificial intelligence agents. The bank clarifies that sharing login credentials with digital assistants such as Meta's Muse, OpenAI's Dots, or Anthropic's Claude Duet violates its terms of service and transfers full responsibility for any financial losses to the customer. The warning comes amid reports of third-party AI agents carrying out unusual financial transactions in accounts. Other Wall Street banks, including Morgan Stanley, JPMorgan Chase, and Citigroup, are taking similar steps to restrict access by autonomous bots. Security experts note that the core problem is the inability of banking systems to distinguish between legitimate human actions and an unsupervised AI agent.