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Govinfosecurity – Morgan Stanley Agrees to $60 Million Breach Settlement

Multinational banking giant Morgan Stanley has agreed to a $60 million settlement for a class-action lawsuit to resolve a data exposure incident dating back to 2016.

“[The lawsuit] is also a good reminder for organizations to audit their own processes…to ensure that they are being followed.” – Alex Hamerstone, Advisory Solutions Director

January 04, 2022