Banks Detect Unauthorized AI Agent Activity | JQJO

Major U.S. banks have detected unauthorized activity from third‑party AI agents operating within customers’ online accounts, according to a new Axios report. The banks say customers have given their personal AI agents, which are unvetted by banks, access to their financial accounts. Madison Mills, senior AI reporter for Axios, told CBS News that the agents were largely following user instructions without the bank’s permission to transact on behalf of a human account holder. The agents were not hacking accounts or depleting funds; they were simply acting on user‑provided credentials. White House AI czar David Sacks said the activity is not a cyberattack and that banks could grant AI agents read‑only permission to mitigate risk.