Industry News: Cyber

Goldman Sachs, Morgan Stanley, UBS Facing $1bn in Fines Over Banned Messaging App Use by Traders

Written by Cybersecurity | Aug 26, 2022 12:30:00 PM

2022-08-22

Reporter Wings: Many of Wall Street’s biggest banks are nearing agreements to pay as much as $200m each and admit that their employees’ use of personal messaging apps such as WhatsApp violated regulatory requirements, according to people familiar with the matter.

Read more...