Morgan Stanley fined for putting customer personal data at risk in computer purge: New York AG
Publishing timestamp: 2023-11-16 13:38:10
Summary
Morgan Stanley has agreed to pay a $6.5 million fine to six states after compromising the personal data of millions of customers. The company failed to properly erase personal information before selling old computers, leading to the auctioning off of sensitive data. The settlement requires Morgan Stanley to adopt provisions to better protect consumer information in the future.
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Keywords: politics, banks, products and services, new york, laws, letitia james, business news, morgan stanley, breaking news: politics, personal finance,
Source: https://www.cnbc.com/2023/11/16/morgan-stanley-fined-over-computers-with-personal-data.html