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Morgan Stanley falls prey to lingering effects of Accellion breach

July 12, 2021

While there was no breach of Morgan Stanley applications, the bank was still subject to an incident through a supply chain attack. In this case, a compromise further up the supply chain, the vendor of a Morgan Stanley vendor, led to the incident.

“We are in close contact with Guidehouse and are taking steps to mitigate potential risks to clients,” a Morgan Stanley spokesperson told Cybersecurity Dive. Guidehouse could not be reached for comment.

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