#VendorControls

FCC: AT&T Didn’t Adequately Protect Customers’ Cloud Data

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September 18, 2024 at 03:31PM The Federal Communications Commission fined AT&T $13 million and ordered it to tighten privacy and security practices following a third-party compromise. The commission extended consumer protections to the cloud and found AT&T responsible for failing to oversee third-party provider Snowflake, which was compromised, exposing sensitive data. AT&T must improve security … Read more

Morgan Stanley Ordered to Pay $6.5 Million for Exposing Customer Information

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November 20, 2023 at 09:33AM Morgan Stanley has reached a $6.5 million settlement for mishandling and disposing of hardware containing unencrypted personal information. The investigation revealed that the company did not properly erase the data when decommissioning old devices and failed to monitor the actions of a moving company it hired. The company was also … Read more