Morgan Stanley Client Data Stolen, Published on Web

Morgan Stanley Client Data Stolen, Published on Web

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Social Studies

University

Hard

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The transcript discusses a data breach at Morgan Stanley where an employee stole and published data of up to 10% of its wealth management clients. The breach did not involve passwords or Social Security numbers, and there was no economic loss to clients. The bank alerted law enforcement and fired the employee. The motive might have been to sell the data for profit. This incident follows a larger hack at JP Morgan affecting 76 million customers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What surprising event is highlighted in the introduction of the news segment?

A cyber attack on Morgan Stanley

An employee stealing client data

A new security system implementation

A merger between two banks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Morgan Stanley's wealth management clients had their data published online?

10%

5%

15%

20%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following was NOT compromised in the data breach?

Account names

Passwords

Social Security numbers

Bank account data

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the suspected motive behind the employee's data theft?

To gain a promotion

To sell the data for profit

To sabotage the company

To expose security flaws

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which other major bank experienced a large-scale data breach mentioned in the segment?

Wells Fargo

JP Morgan

Bank of America

Goldman Sachs