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Morgan Stanley fined millions for not encrypting hardware

Morgan Stanley fined millions for not encrypting hardware
Written by bobby
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Morgan Stanley fined millions for not encrypting hardware

Morgan Stanley has settled with the US Securities and Exchange Commission (SEC) over claims that the financial services corporation failed to properly protect customer-sensitive data (opens in new tab)

As part of the settlement, the company will pay $35 million, but will not admit to being guilty, or deny the findings of the SEC.

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