Morgan Stanley fines some employees $1M for WhatsApp, iMessage use

Investment banking firm Morgan Stanley has punished some of its employees with fines that topped more than $1 million for breaching compliance rules by using WhatsApp and iMessage for business communications.

The fines were levied by docking previous bonuses or future pay, according to a report  in the Financial Times.

While the fines might seem steep, Morgan Stanley itself has had to pay millions of dollars in fines for previous SEC violations related to the use of consumer messaging apps for business purposes.

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How Microsoft is helping Ukraine’s cyberwar against Russia

One of the big surprises in Russia’s war against Ukraine has been how well Ukraine has fended off Russian cyberattacks. Ad hoc groups of white-hat hackers have helped, as have a number of nations and the US government.

Less well known is that tech companies, including Microsoft, are part of the effort. That aid ranges from giving advice to identifying attacks, offering fixes for them, and providing Ukraine with free tech and security services.

Microsoft isn’t just trying to help defend a country under siege from an aggressive, more-powerful neighbor. Russian cyberattacks against Ukraine can also get loose in the wild and do damage to enterprises and organizations that rely on Microsoft technology. (Russia could also deliberately target private companies with those attacks.)

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