## ChatGPT Taps Into Your Finances: A New Feature, New Risks **OpenAI**'s latest move to integrate personal finance into **ChatGPT** has ignited a debate about the balance between convenience and security. The new feature, currently available for paid **ChatGPT Pro** subscribers and soon for Plus users, aims to provide users with a comprehensive view of their financial standing. ### How It Works Users can connect their accounts from over 12,000 financial institutions, including **Robinhood**, **Bank of America**, **American Express**, and **Charles Schwab**. This integration provides a dashboard offering insights into portfolio performance, spending habits, subscriptions, and upcoming payments, leveraging the advanced capabilities of **GPT-5.5**. ### Privacy Concerns Despite **OpenAI**'s assurances of user control, privacy advocates are wary. Ridhi Shetty, senior policy counsel at the **Center for Democracy and Technology**, points out that even without access to full account numbers, the collected financial data can reveal sensitive personal details. She also questions the potential for this data to be used for advertising or commercial targeting, and the lack of professional standards compared to human financial advisors. ### Cybersecurity Risks Security experts highlight the potential for account takeover attacks. Diana Kelley, CISO at **Noma Security**, warns that even with a "view-only" platform, a compromised **ChatGPT** account could expose a consolidated picture of a user's financial life. Ram Varadarajan, CEO at **Acalvio**, emphasizes the centralization of financial data as a high-value target for hackers. ### Mitigation Strategies Kelley advises users to implement multi-factor authentication, log out of other sessions, review memory settings, disable training for sensitive chats, and delete chats and memories when no longer needed. ### Industry Perspective [](https://www.recordedfuture.com/platform?mtm_campaign=ad-unit-record)