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Morgan Stanley receives USD 35 million fine from the SEC

News | Digital Identity, Security & Online Fraud | 21 Sep 2022

US-based financial services company Morgan Stanley has received a USD 35 million fine from the SEC for failing to secure the personal data of its clients.

data protection, financial data, banks, data privacy

Morgan Stanley settles data security lawsuit for USD 60 mln

News | Payments General | 03 Jan 2022

Morgan Stanley has agreed to pay USD 60 million to settle a lawsuit by customers who said the bank exposed their personal data when it twice failed to retire some of its older information technology.

regulation, data breaches, banks, wealth management, cybersecurity