June 8, 2016 Sophia Vida

Morgan Stanley (NYSE: MS) Shells Out $1 Million Over Hacking

Financial firm Morgan Stanley has agreed to pay a $1 million fine to settle U.S. Securities and Exchange Commission charges over security shortfalls. The security shortfall in particular, allowed former employee and financial adviser Galen Marsh, to transfer data regarding roughly 730,000 accounts to his personal server. This server was later hacked. Marsh accepted a … Continue reading “Morgan Stanley (NYSE: MS) Shells Out $1 Million Over Hacking”