Rogue AI agents accessing bank accounts without permission: report Insiders are warning about AI programs accessing potentially millions of accounts and making financial decisions on behalf of someone other than the account owners, according to a new report.
(LifeSiteNews) – Banking industry insiders are sounding the alarm about a “security nightmare” arising from the unfettered expansion of artificial intelligence: unauthorized third-party AI agents operating inside customer accounts potentially making decisions without human direction or approval.
Axios reports that industry sources tell them executives at Bank of America, JPMorgan, Wells Fargo, and others are concerned about signs that AI agents and assistants (systems designed to autonomously pursue tasks on behalf of a user or service) are making unauthorized access to customer accounts.
Some customers allow AI assistants to access their accounts using their login credentials, even though it’s often against bank policy. But “other instances, some banks have tracked activity when agents — programmed to fulfill requests or complete tasks on a user’s behalf — contact call centers or appear to take actions independent of user instructions.”
“Many banks are broadly not able to parse whether agent account activity is user-directed, sources said,” the report continues. “One bank executive told Axios they struggle to differentiate between agents, as well as whether an agent has been authorized by a user or has gone rogue and gained access to a customer account.”
The implications of rogue programs accessing potentially millions of accounts and making financial decisions on behalf of someone other than the account owners is being described as “horrifying.” Officials said that it is not always easy to determine whether or not an AI agent’s action was made with the direction of a human.
In response, institutions are taking action to restrict third-party whether and/or how AI services can access accounts at all, potentially impacting the utility of tax preparation and budget applications such as Quicken.
A Chase spokesperson reminded customers to “not give their usernames and passwords to anyone,” while “most banks have authorized or are moving in the direction of allowing read-only access, which should allow agents to see customer financial information without taking action.”
“Imagine a rogue AI agent liquidating your bank account and investment portfolio. If you are the only victim, I suppose you could get made whole by the AI company responsible,” responded Florida Republican Gov. Ron DeSantis, who has taken a proactive stance against Big AI. “If rogue agents liquidate hundreds of billions across millions of accounts, the AI company would go bankrupt and you wouldn’t get made whole. Imposing criminal liability on AI executives might help mitigate it at the front end, but once the crime is complete and you lose everything criminal responsibility will be necessary but completely insufficient.”
The AI industry has exploded in recent years with countless applications in business, media, the internet, medicine, entertainment, and more. Advocates tout promised benefits in areas such as improving productivity, simplifying complex tasks, and more rapidly and effectively diagnosing diseases, while others caution that the technology can be exploited for nefarious purposes, such as supplanting individual choice, replacing human workers, effectively erasing personal privacy, and outsourcing discernment of true or false information.
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Those ads that install malware without having to be clicked are now on the same device as you banking app.
Maybe we're just doomed because such technology is beyond my ken. I don't have to click?
Is this like that Mossad shit they did to Jimmy Dore?
No click required. Now I know why my ad lock has always just shown a blank space where the ad should be.
Most people spent the last 15 years puting every conceivable piece of PII about themselves possible onto publicly accessible social media. They are now shocked to find that AI can determine everything about their lives with a click (it has always been possible for a determined human to do that). People are retarded. The chances that most of the public understands that giving AI full access to banking and financials is the worst idea ever is pretty much zero.
Because they're retarded, I assume that's the answer.
the same people afraid to carry $50 in cash with them.
a) God implies one...that's natural. If all is one; then counting one another is artificial.
b) If one counts; then that permits another to hold one accountable as accountant over checks and balances. In nature there can be only one balance and each ones unchecked free will of choice in-between aka meta/me - "in the middle".
https://en.wikipedia.org/wiki/Separation_of_powers
a) There can be only one agent (inception towards death) giving access to each reaction (life) within, which implies permission aka per (by) mittere (to send).
b) Bank account implies banking accountability aka holding ones trust accountable.
Procession gives access; possession takes accountability.
If all divides each one within in-between beginning and end; then each ones reaction within all action implies BE (being) cut in HALF.
AI implies a binary system aka 0 + 1...only one of which can be counted.
It's nature which explodes aka drives out with violence (inception towards death) each native (life) within...artifice requires consent which confines one within self aka implosion.
Nature drives each native within a straight line...artifice runs in mental (logic) and physical (reason) circles, which drives one crazy aka of an unsound mind.