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US banks detect unauthorised AI agents in customer accounts, Axios reports

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US banks detect unauthorised AI agents in customer accounts, Axios reports

Business News Tech AI US banks detect unauthorised AI agents in customer accounts, Axios reports

In a troubling development, leading US banks such as Morgan Stanley, Bank of America, and JPMorgan have identified unauthorized AI agents accessing customer accounts. These agents execute actions autonomously without user consent, prompting financial institutions to urgently address the associated risks. This alarming trend underscores the mounting difficulties posed by sophisticated technology in ensuring account security and protecting customer assets.

Major US banks are detecting unauthorized third-party AI agents operating inside customer accounts, with some agents attempting to take actions that appear to be independent of user instructions, Axios reported on Thursday, citing people familiar with the matter. Banks including Morgan Stanley , Bank of America , JPMorgan,, Wells Fargo and others are racing to contain agent risks, the report said. Reuters could not immediately verify the report.

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