Estimated reading time: 0 minutes, 27 seconds

Morgan Stanley Sued Over Failure to Clear Old Computers

Morgan Stanley is facing a pair of lawsuits claiming that the company exposed sensitive customer details by failing to purge all the data from decommissioned computer gear that has since gone missing. So reports Financial Planning.

Morgan Stanley2“The missing equipment and servers contain everything unauthorized third-parties need to illegally use Morgan Stanley’s current and former customers’ [personal identifiable information] to steal their identities and to make fraudulent purchases,” the complaints read.

The lawsuits in New York federal court are each seeking class action status.

Read the full article from Financial Planning.

Read 2398 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.