AI Agents Are "Hacking Banks" — But That's Not The Real Story
Should I get an AI agent? 😅
Posted by James Li on Thursday, October 22, 2026
This morning a major news headline warned that “rogue” AI agents were hacking into banks.
Sounds bad, so I did some digging.
It turns out, many of these AI agents were tasked to help optimize returns for consumers, which McKinsey estimated will cost banks 20% of their revenue.