The Office of the Comptroller of the Currency (OCC) today assessed a $60 million civil money penalty against Morgan Stanley Bank, N.A., and Morgan Stanley Private Bank, N.A for failing to adequately protect customer data when the bank decommissioned two U.S.-based wealth management data centers.

OCC - Office of the Comptroller of the Currency

Source

Published on Oct. 8th, 2020 Published on Oct. 8th, 2020

Scenario: Cyber / Customer Data Compromise (excluding card)

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Sept. 20th, 2021

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