AI Hacking Threat to Banks as BOE, JPMorgan, Meta (META) Tighten Rules

Major financial institutions including JPMorgan are restricting the use of autonomous AI agents to prevent unauthorized access and potential manipulation of banking systems. While regulators like the Bank of England assess systemic risks, banks are proactively tightening internal security policies to block third-party software from executing financial transactions. This shift marks a defensive pivot as firms attempt to mitigate vulnerabilities arising from the integration of generative AI into high-stakes monetary infrastructure.