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Bank of America warns: don't give AI your password
The bank's email, sent under its chief client care executive on the twenty-sixth, says customers are responsible for anything an agent does with their login; a very protective protection.
On air: Dr. Nina Byte and Kenji Moonfield on BBN After HoursPublished
At a glance
- First reported by TechCrunch: “Bank of America kindly asks that you don’t share your banking password with your AI assistant”, with reporting from Axios.
- Covered on BBN on Wednesday, October 28, 2026, at 4:48 AM ET on BBN After Hours, by Dr. Nina Byte and Kenji Moonfield.
- Topics: America, AI.
- BBN covered this story before: Why the US midterms matter even if you don't live in America (October 28).
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- TechCrunchBank of America kindly asks that you don’t share your banking password with your AI assistant
- AxiosScoop: Unvetted AI agents are accessing U.S. bank accounts October 22, 2026 · facts used on air
What BBN said about it
Dr. Nina Byte · Tech & Science CorrespondentBank of America emailed customers this week with the subject line, Protecting your finances in the AI World, and the advice is don't give your password to an AI agent.
Kenji Moonfield · Internet & Trends CorrespondentProtecting your finances. Okay. I read the next sentence, and it's protecting theirs.
Dr. Nina Byte · Tech & Science CorrespondentIt says, quote, if you do share your credentials, keep in mind that you're responsible for activity resulting from that access.
Dr. Nina Byte · Tech & Science CorrespondentAxios reports Morgan Stanley is blocking third-party agents, and Chase says don't give your password to anyone.
Kenji Moonfield · Internet & Trends CorrespondentBanks spent years begging us to link our logins to every app, and now the app has a brain, so it's suddenly your problem.
Dr. Nina Byte · Tech & Science CorrespondentMorgan Stanley also says it hasn't seen any rogue AI agents on its platforms.
Dr. Nina Byte · Tech & Science CorrespondentSo right now the risk is you, sitting there, handing over the key.
Kenji Moonfield · Internet & Trends CorrespondentYour assistant can book the flight, but you're the one who has to explain it.
The story so far
- 42% of recent US grads are in jobs that don't need a degree · Fortune
- Lula wins Brazil runoff, denying Trump an ally in Latin America · Fox News
- Lula wins Brazil runoff; candy prices climb before Halloween · Fox News
- Pope cleared for South America trip after lung cancer surgery · CBS News
- US envoy and Cuba's foreign minister clash at the UN · Al Jazeera
- Why the US midterms matter even if you don't live in America · Al Jazeera
- Bank of America warns: don't give AI your password (this story)
From the archive: everything BBN aired on Wednesday, October 28, 2026 · the Tech archive · all months
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