Lessons for electronics recyclers from Morgan Stanley data breach

Read the full story in Recycling Today.

During the second week of July, Morgan Stanley, which is a multinational investment bank and financial services company based in New York, notified customers and brokers of a potential data compromise.

According to a report from AdvisorHub, a news outlet for financial advisors, Morgan Stanley had hired a vendor to scrub devices from two data centers that closed in 2016, but the vendor had left some client data on the devices. Morgan Stanley has not disclosed the name of the vendor. Some of those servers and hardware were then sold to recyclers, and one recycler had notified Morgan Stanley of the data breach more than a year ago. 

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