![]() One would assume that a US $60 million fine that Morgan Stanley paid for the data breach would be enough, but that’s not the case for businesses regulated by different laws and regulations. The blog will also help businesses, and customers understand the importance of data security, data erasure, and choosing the right partner to dispose of end-of-life IT assets. Read this blog to understand what Morgan Stanley did wrong and how it could have avoided it. This fine raises pressing questions for businesses on the far-reaching implications of a data breach, as this is the second fine on Morgan Stanley for the same issue.
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