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Morgan Stanley Fine Backs Up SEC's Tough Cybersecurity Talk

By Carmen Germaine (June 9, 2016, 10:44 PM EDT) -- The U.S. Securities and Exchange Commission backed up a lot of big talk and showed it has little patience for poor cybersecurity with a sizable fine against Morgan Stanley on Wednesday for failing to secure its internal client information systems and prevent a breach, proving the agency is ready to take its place with the big boy privacy regulators, experts said....

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