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Morgan Stanley Fined $6.5 Million for Compromising Personal Data of Clients During Decommissioning of Computers, Failure to Maintain Proper Controls of Vendors & Hardware Inventory

17th November 2023 | Hong Kong

Morgan Stanley had been fined $6.5 million by a coalition of 6 states including New York (United States) for compromising personal data of clients during decommissioning of computers.  Morgan Stanley during the decommissioning of computers, had failed to maintain proper controls of vendors & hardware inventory.  

“ Morgan Stanley Fined $6.5 Million for Compromising Personal Data of Clients During Decommissioning of Computers, Failure to Maintain Proper Controls of Vendors & Hardware Inventory “




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