Morgan Stanley Fined $60M Over Unsafe Data Practices

By Hannah Albarazi (October 8, 2020, 7:09 PM EDT) -- Morgan Stanley agreed to pay a $60 million fine to the U.S. Treasury on Thursday over unsafe information security practices stemming from its failure to scrub computers of customer data prior to disposal, but the bank still faces customers' proposed class actions over the potential exposure of their sensitive data....

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