Morgan Stanley pays $1 million SEC fine over hacked customer data

Morgan Stanley agreed to pay a $1 million fine to settle U.S. Securities and Exchange Commission charges that security shortfalls enabled a former employee to transfer data regarding roughly 730,000 accounts to his personal server, which was later hacked.
Read more: http://snapzu.com/geekster/morgan-stanley-pays-1-million-sec-fine-over-hacked-customer-data