Morgan Stanley fined millions for not encrypting hardware

Morgan Stanley has settled with the US Securities and Exchange Commission over allegations that the financial services company failed to adequately protect sensitive customer information (opens in new tab).

As part of the settlement, the company will pay $35 million but will not admit guilt or dispute the SEC’s findings.

https://www.techradar.com/news/morgan-stanley-fined-millions-for-not-encrypting-hardware Morgan Stanley fined millions for not encrypting hardware

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