An agent called the bank and complained. The customer never asked it to | Market Hang
Madison Mills, senior AI reporter at Axios, brings her own reporting: unvetted and unauthorized third-party AI agents are reaching into consumer bank accounts at Bank of America, Wells Fargo and Morgan Stanley, and in one case an agent called a bank and complained before the customer asked it to. Eric Wallerstein, Chief Macro Strategist at Clocktower Group, says cybersecurity is now the biggest risk to the financial system, which rests on fewer pillars than people assume.
Watch the full episode: https://www.youtube.com/watch?v=9mxuJYXCS84
Market Hang is live weekdays 12:30-1:30pm ET on Yahoo Finance, hosted today by Nancy Tengler, CEO and Chief Investment Officer of Laffer Tengler Investments.
Timestamps
0:00 Unvetted agents inside consumer bank accounts
1:26 The banks built the APIs themselves
2:41 Treasury trades moved on a hard drive
#AIAgents #BankSecurity #Cybersecurity #MarketHang #YahooFinance
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