Morgan Stanley

Weekly Roundup: The Good, The Bad and The Ugly

It is Sunday, September 25th and time for a new weekly feature where we look back at the tech news this past week and highlight one each of the: The Good, The Bad and The Ugly. This week as a bit of a slow week even with Microsoft’s Windows 11 22H2 update. The Good There has been much talk these days about slowing down climate change and reducing C02 emissions by getting people to ditch their ICE vehicles in favor of battery Electric Vehicles (EVs). However, the effects of climate change (extreme heat/cold) are taking its toll on the US…

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Morgan Stanley fined $35M: Unencrypted and Unwiped Hard Drives Auctioned

This is ugly, sloppy and overall very unacceptable behavior for a company the size and caliber of Morgan Stanley: Morgan Stanley on Tuesday agreed to pay the Securities and Exchange Commission (SEC) a $35 million penalty for data security lapses that included unencrypted hard drives from decommissioned data centers being resold on auction sites without first being wiped. Much of the failure stemmed from the 2016 hire of a moving company with no experience or expertise in data destruction services to decommission thousands of hard drives and servers containing the data of millions of customers. The moving company received 53…

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