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Morgan Stanley Ordered to Pay $6.5 Million for Exposing Customer Information

2023-11-20 14:30:09 UTC

Morgan Stanley has been ordered to pay $6.5 million in fines after neglecting data-security practices that resulted in the exposure of customer information. The agreement to pay the hefty amount comes after an investigation found the company's negligence in safeguarding personal data. The incident raises concerns about the firm's data protection measures and highlights the importance of maintaining adequate cybersecurity protocols.

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