Morgan Stanley Bank Fined

Morgan Stanley Fined $60 Million for Improper Data Protection

Morgan Stanley Bank has been given a 60 million dollar fine for failing to protect personal data during the decommissioning of company servers. In 2016, the bank decommissioned two data centers that were used for its wealth management business. They … Continue Reading

Financial Institution Data Storage

How Banks Can Protect Information in the Digital World

People assume that banks are secure by nature and money and account information is kept safe behind vault doors and secure computers. Unfortunately, that is not always the case in the digital world in which we live. Between online banking … Continue Reading