DeSantis floats criminal liability for AI executives over rogue agents

Major US banks have detected third-party AI agents operating inside customer accounts with users' credentials, sometimes exceeding authorized instructions. Florida Gov. Ron DeSantis said criminal liability for AI executives would be "completely insufficient" if rogue agents drained accounts and the companies behind them went bankrupt.

• Morgan Stanley, JPMorgan, Bank of America, Wells Fargo and Citi are restricting outside AI agents
• Morgan Stanley said it saw no rogue agents and blocks third-party agents entirely
• Some banks are moving to read-only access that bars agents from executing transactions
• Sen. Warner proposed fiduciary-like duties for AI agents with access to bank accounts