Former Meta security chief says giving AI agents your financial logins is ‘totally insane’

What happened: Alex Stamos, Meta's former security chief and now chief security officer at Cognition, said giving AI agents financial logins is "totally insane," noting people hand agents like Muse and Instinct their entire 1Password vaults. Why it matters: Stamos said banks now see correctly authenticated bot interactions, creating tension between institutions trying to prevent automated access and consumers handing logins to young companies. Dimon cited a "liability transfer" away from the bank and data misuse risk.

Alex Stamos, Meta's former security chief and now chief security officer at Cognition, said giving AI agents financial logins is "totally insane," noting people hand agents like Muse and Instinct their entire 1Password vaults.

Stamos said banks now see correctly authenticated bot interactions, creating tension between institutions trying to prevent automated access and consumers handing logins to young companies. Dimon cited a "liability transfer" away from the bank and data misuse risk.