Experts warn of privacy risks as AI firms looks to connect to financial accounts

Experts warn of privacy risks as AI firms looks to connect to financial accounts
OpenAI is rolling out a ChatGPT feature that lets users connect financial accounts for personalized money advice, with support from Plaid and future integration with Intuit. Privacy and security experts warn that even view-only access could expose highly sensitive financial details and create a valuable target for account takeover attacks. #OpenAI #ChatGPT #Plaid #Intuit #BankofAmerica #AmericanExpress #CharlesSchwab #Robinhood

Keypoints

  • ChatGPT can now connect to users’ financial accounts for personal finance advice.
  • Plaid supports the feature, and Intuit will power it in the near future.
  • The platform can integrate with more than 12,000 financial institutions.
  • OpenAI says users can disconnect accounts, delete memories, and use temporary chats.
  • Experts warn the centralized data creates privacy risks and a high-value target for attackers.

Read More: https://therecord.media/experts-warn-of-privacy-cyber-risks-ai-finance