Tuesday, September 20, 2022

$35M fine for Morgan Stanley after unencrypted, unwiped hard drives are auctioned

Enlarge (credit: Getty Images) Morgan Stanley on Tuesday agreed to pay the Securities and Exchange Commission (SEC) a $35 million penalty for data security lapses that included unencrypted hard drives from decommissioned data centers being resold on auction sites without first being wiped. The SEC action said that the improper disposal of thousands of hard […]

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source https://www.ceitsolutions.com/35m-fine-for-morgan-stanley-after-unencrypted-unwiped-hard-drives-are-auctioned/

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