NYPD shot a knife-wielding woman in Times Square after officials said she attacked at least two people Monday afternoon.

The Bank of America executive randomly slain near Times Square was “preparing to build a life” with her husband and 5-month-old daughter, her family revealed in a heartbreaking statement Wednesday. Relatives of Erin Piacenti,

Police said the man was armed with two knives when he approached officers in their marked car. CBS New York's Zinnia Maldonado reports.

Officers who stood around a woman wielding two kitchen knives, and then opened fire without clearing the area, risked harming themselves or passers-by, the experts said.