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News and information from the Advent IM team.

Morgan Stanley – A Decommissioning Lesson, Blog by Senior Security Consultant, Ian Warren

  • by Olivia Lawlor-Blackburn
  • General

$60m; the price of complacency?  The recent agreement by Morgan Stanley was born out of failing to adhere to some basic Data Protection principles when dealing with their customer information.  Their requirement to safeguard such sensitive, personal data was sadly short of the mark. This example shows us the importance of information security through the […]

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Morgan Stanley agrees to $60M settlement over compromised personal data

Morgan Stanley has agreed to establish a $60 million fund to settle a class-action lawsuit filed by nearly a dozen customers regarding personal data that was compromised when the bank decommissioned two wealth management centers. The proposed settlement, filed Friday in U.S. District Court for the Southern District of New York, will allow class members […]

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Beware of Fake Telegram Messenger App Hacking PCs with Purple Fox Malware

Trojanized installers of the Telegram messaging application are being used to distribute the Windows-based Purple Fox backdoor on compromised systems. That’s according to new research published by Minerva Labs, describing the attack as different from intrusions that typically take advantage of legitimate software for dropping malicious payloads. “This threat actor was able to leave most […]

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Log4j: Why this massive security flaw is impacting nearly all of the internet

A major cybersecurity vulnerability is impacting nearly all of the internet, sending everything from financial institutions to government entities scrambling to patch their systems, before cybercriminals and nation states can launch cyberattacks. Known as the Log4j vulnerability, the flaw impacts a piece of open-source logging software that allows developers to understand how their programs function. […]

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