Instinct’s powerful AI assistant is raising privacy and security concerns
Action Required: Review firm policies on third-party AI tool integration and data privacy protocols before allowing staff to use new AI assistants.
The new AI assistant 'Instinct' is drawing attention for its powerful capabilities, but early testers are raising significant red flags regarding data privacy, security, and the tool's broad access permissions. For financial advisors, this highlights the critical need for rigorous due diligence and vendor risk assessment before integrating third-party AI agents that may access sensitive client data.
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