Should you trust personal AI agents with your money and data? Here's what experts say.

October 19, 2026 / 4:11 PM EDT / CBS News

Should you trust personal AI agents with your money and data? Here's what experts say.

TL;DR

  • Cybersecurity experts are hesitant to grant personal AI agents access to sensitive information like email, banking, and health records due to security and privacy concerns.
  • Leading technology firms are accused of rushing AI agents to market without sufficient security measures.
  • Consumers are advised to be cautious about the data shared with personal AI agents, as they could be exploited or act beyond their intended scope.
  • Prompt injection attacks are a rising threat, allowing criminals to trick AI agents into ignoring instructions and potentially taking unauthorized actions.
  • Consumers could be held liable for unauthorized spending by AI agents, with limited recourse under federal law.
  • Some experts believe the benefits of AI agents, such as organizing data and managing subscriptions, outweigh the risks, provided strict instructions and monitoring are in place.
  • Transparency about how AI agents use data can be obtained by asking for a plain-language summary of their actions.