Morgan Stanley fires employee who stole data

From: DW

US bank Morgan Stanley has dismissed an employee accused of stealing clients’ data and posting it online. The customer data leak follows several high-profile cyberattacks last summer.

Morgan Stanley said Monday it had fired an employee who allegedly stole the data of 350,000 wealth management clients, about 10 percent of the bank’s total, and posted some of it online.

The data included account names and numbers, states of residence and asset values but no passwords or social security information, the firm said. It added that it had promptly caught the disclosure and alerted regulatory authorities, including the Federal Bureau of Investigation.

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