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First post of 2015 - Insider Threat - Data theft from 350000 Morgan Stanley's clients

By Chun Wong1 min read
From the archive. This article is preserved as originally published. References to laws, technology and events reflect its publication period.

A Morgan Stanley employee, Galen Marsh stole sensitive information from 350000 wealth management clients in December 2014, of which 900 client's data was posted on Pastebin, an internet expose site with a link for interested parties to purchase more information.

http://dealbook.nytimes.com/2015/01/05/morgan-stanley-fires-employee-saying-data-on-350000-clients-was-stolen/?_r=0 http://www.morganstanley.com/about/press/articles/7f189537-f51c-40b0-a963-fc0dc6c65861.html

Protecting from external threats is relatively simple, the insider threat is much more difficult to mitigate and potentially a lot more damaging.

A robust security policy with regular employee security awareness and obligations training, allied to a well tuned data loss detection and protection is essential. Post-incident response and lessons learnt completes the cycle.

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