Bank of America Advises Customers Not to Share Bank Account Passwords with AI Assistants

Bank of America sent a mass email to its customers with the subject line "Protecting your finances in the AI World," urging customers not to share their usernames and passwords with others or with outside service providers, including AI tools or agents that claim to act on the customer's behalf. Once a shared bank account runs into trouble, the consequences will be borne by the customer. The account agreements of most banks stipulate that if a customer provides their login credentials to others, the customer is responsible for all consequences arising from doing so. The Bank of America email stated: "If you do share your login credentials, please be sure to remember that you are responsible for any account activity that results."