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Morgan Stanley ordered to pay $1 mn over data theft

business Updated: Jun 10, 2016 06:54 IST

WASHINGTON: US investment bank Morgan Stanley will pay $1 million for lax protection of customer data after an employee, Galen Marsh, took records on some 730,000 clients between 2011 and 2014, the Securities and Exchange Commission announced on Thursday.

First Published: Jun 10, 2016 06:54 IST