Monday 27 March 2017

Hackers target Morgan Stanley

A Morgan Stanley spokeswoman declined to comment on whether the bank had been targeted in the attacks. Photo: Getty Images
A Morgan Stanley spokeswoman declined to comment on whether the bank had been targeted in the attacks. Photo: Getty Images

MORGAN Stanley experienced a "very sensitive" break-in to its network by the same China-based hackers who attacked Google's computers more than a year ago, Bloomberg reported, citing leaked emails from an internet security company.

The emails from the California-based computer security firm HBGary said that Morgan Stanley, the first financial institution identified in the series of attacks, considered details of the intrusion a closely guarded secret, the report said.

The HBGary emails don't indicate what information may have been stolen from Morgan Stanley's databanks or which of the world's largest merger adviser's multinational operations were targeted, according to the report.

A Morgan Stanley spokeswoman declined to comment on whether the bank had been targeted in the attacks.

"Morgan Stanley invests significantly in IT security and manages a robust programme to deal with malware and attempted computer compromises," spokeswoman Sandra Hernandez said in a statement.

Chinese Foreign Ministry spokeswoman Jiang Yu repeated that China opposed any kind of hacking. "We . . . will use the law to go after any kind of hacking or crime on the internet," she added. (Bloomberg)

Irish Independent

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