In the rapidly evolving landscape of AI, a critical concern is the security of AI agents deployed in production environments. A recent study reveals a startling finding: only 11% of production agents pass the AI agent security bar, highlighting a significant vulnerability in the current state of AI implementation. This article delves into the implications of this finding, offering a comprehensive analysis and commentary on the state of AI agent security. From the lethal trifecta of private data access, exposure to untrusted content, and the ability to take outbound actions, to the stark contrast between capability and defense, the discussion explores the challenges and potential solutions for securing AI agents. Additionally, it examines the role of tool execution, the divergence between vendor-shipped and customer-configured agents, and the importance of long-term planning in AI security. By providing a detailed examination of these issues, this article aims to shed light on the critical aspects of AI agent security and offer insights for organizations navigating the complex world of AI implementation.