U.S. Banks Prepare AI Incident Plans to Protect Accounts and Restore Access
Photo: TokenPost
Major U.S. banks are preparing response plans for serious AI-related incidents, aiming to safeguard accounts, restore customer access and sustain operations after a potential impact. Morgan Stanley, JPMorgan and Bank of America are limiting third-party AI agents and adjusting related policies. Their concern is that customers may give an agent their login credentials, allowing it to take actions without explicit approval. That could make it difficult for a bank to determine whether a customer authorized an action.
Source: TokenPost
