INTERIM. Regulatory Enforcement TREND. Data Breach. Financial Entity. Regulatory Fine. Be Informed.

Which financial entity is facing an SEC fine for a data breach? Morgan Stanley

How much is the SEC fine? $1,000,000

What was the data breach? Security measures failed to prevent an employee from transfering account information to a private server that was hacked

What do federal rules require of financial entities? policies and procedures that are reasonably designed to protect customer data

The Hill | Morgan Stanley to pay $1M SEC fine for data breach