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Submission: On March 28 via api from US — Scanned from DE
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WE VALUE YOUR PRIVACY We and our partners store and/or access information on a device, such as cookies and process personal data, such as unique identifiers and standard information sent by a device for personalised ads and content, ad and content measurement, and audience insights, as well as to develop and improve products. With your permission we and our partners may use precise geolocation data and identification through device scanning. You may click to consent to our and our partners’ processing as described above. Alternatively you may access more detailed information and change your preferences before consenting or to refuse consenting. Please note that some processing of your personal data may not require your consent, but you have a right to object to such processing. Your preferences will apply to this website only. You can change your preferences at any time by returning to this site or visit our privacy policy. MORE OPTIONSAGREE * * * * * * * News * Featured * Latest * Okta: "We made a mistake" delaying the Lapsus$ hack disclosure * US says Kaspersky poses unacceptable risk to national security * CISA adds 66 vulnerabilities to list of bugs exploited in attacks * Hive ransomware ports its Linux VMware ESXi encryptor to Rust * Satoshi Island: 'Crypto paradise' where citizenship costs $130,000 * Russia facing internet outages due to equipment shortage * Brush up on your IT skills with this fundamental course deal * Microsoft Exchange targeted for IcedID reply-chain hijacking attacks * Downloads * Latest * Most Downloaded * Qualys BrowserCheck * STOPDecrypter * AuroraDecrypter * FilesLockerDecrypter * AdwCleaner * ComboFix * RKill * Junkware Removal Tool * Virus Removal Guides * Latest * Most Viewed * Ransomware * How to remove the PBlock+ adware browser extension * Remove the Toksearches.xyz Search Redirect * Remove the Smashapps.net Search Redirect * Remove the Smashappsearch.com Search Redirect * Remove Security Tool and SecurityTool (Uninstall Guide) * How to remove Antivirus 2009 (Uninstall Instructions) * How to Remove WinFixer / Virtumonde / Msevents / Trojan.vundo * How to remove Google Redirects or the TDSS, TDL3, or Alureon rootkit using TDSSKiller * Locky Ransomware Information, Help Guide, and FAQ * CryptoLocker Ransomware Information Guide and FAQ * CryptorBit and HowDecrypt Information Guide and FAQ * CryptoDefense and How_Decrypt Ransomware Information Guide and FAQ * Tutorials * Latest * Popular * How to make the Start menu full screen in Windows 10 * How to install the Microsoft Visual C++ 2015 Runtime * How to open an elevated PowerShell Admin prompt in Windows 10 * How to Translate a Web Page in Google Chrome * How to start Windows in Safe Mode * How to remove a Trojan, Virus, Worm, or other Malware * How to show hidden files in Windows 7 * How to see hidden files in Windows * Deals * Categories * eLearning * IT Certification Courses * Gear + Gadgets * Security * Forums * More * Startup Database * Uninstall Database * File Database * Glossary * Chat on Discord * Send us a Tip! * Welcome Guide * Home * News * Security * Morgan Stanley client accounts breached in social engineering attacks * AddThis Sharing Buttons Share to FacebookFacebookShare to TwitterTwitterShare to LinkedInLinkedInShare to RedditRedditShare to Hacker NewsHacker NewsShare to EmailEmail * MORGAN STANLEY CLIENT ACCOUNTS BREACHED IN SOCIAL ENGINEERING ATTACKS By SERGIU GATLAN * March 24, 2022 * 06:47 PM * 0 Image: Morgan Stanley/BleepingComputer Morgan Stanley Wealth Management, the wealth and asset management division of Morgan Stanley, says some of its customers had their accounts compromised in social engineering attacks. The account breaches were the result of vishing (aka voice phishing), a social engineering attack where scammers impersonate a trusted entity (in this case Morgan Stanley) during a voice call to convince their targets into revealing or handing over sensitive information such as banking or login credentials. PLAY Top Articles Video Settings Full Screen About Connatix V156324 Read More Read More Read More Read More Read More Read More Microsoft Exchange targeted for IcedIDreply‑chain hijacking attacks 1/1 Skip Ad Continue watching after the ad Visit Advertiser websiteGO TO PAGE The company said in a notice sent to affected clients that, "on or around February 11, 2022," a threat actor impersonating Morgan Stanley gained access to their accounts after tricking them into providing their Morgan Stanley Online account info. After successfully breaching their accounts, the attacker also electronically transferred money to their own bank account by initiating payments using the Zelle payment service. "As you are aware, on or around February 11, 2022, you were contacted by a bad actor claiming to be with Morgan Stanley," the alert reads. "The bad actor was able to obtain information relating to your Morgan Stanley Online account, subsequently accessing this account and initiating unauthorized Zelle payments." A Morgan Stanley spokesperson told BleepingComputer that "there was no data breach or information leak from Morgan Stanley." MORGAN STANLEY SYSTEMS "REMAIN SECURE" The Morgan Stanley division added that it disabled the accounts of all customers affected by these attacks and that its systems "remain secure." "This compromise was not a result of any action of Morgan Stanley Wealth Management and our systems remain secure," the company explained. "Your Morgan Stanley Wealth Management account has been flagged to our Customer Call Center so that any callers into the Call Center will be prompted with additional verification. Your previous Morgan Stanley Online account was also disabled." Morgan Stanley provides recommendations on how to defend against vishing attacks and other types of social engineering scams, advising customers not to answer calls from phone numbers they don't recognize. "Also, be guarded when providing your personal data by phone. Make sure the person asking for the information is from a legitimate organization, and is who they claim to be," the company says. "You can always hang up and call the organization back using a phone number found through a trusted source – such as the company’s official web site or perhaps a financial statement." Morgan Stanley disclosed a data breach in July 2021 after the Clop ransomware gang stole personal information belonging to its customers by hacking into the Accellion FTA server of Guidehouse, one of Morgan Stanley's third-party vendors. Morgan Stanley is an American leading investment banking and global financial services firm providing investment banking, securities, wealth, and investment management services worldwide. Its customer list includes corporations, governments, institutions, and individuals from across the globe, from over 41 countries. RELATED ARTICLES: Okta confirms 2.5% customers impacted by hack in January CISA, FBI warn US critical orgs of threats to SATCOM networks Europe warns of aircraft GPS outages tied to Russian invasion SolarWinds warns of attacks targeting Web Help Desk instances SEC wants public companies to report breaches within four days * Breach * Morgan Stanley * Social Engineering * Vishing * Warning * Facebook * Twitter * LinkedIn * Email * SERGIU GATLAN Sergiu Gatlan is a reporter who covered cybersecurity, technology, Apple, Google, and a few other topics at Softpedia for more than a decade. Email or Twitter DMs for tips. * Previous Article * Next Article POST A COMMENT COMMUNITY RULES YOU NEED TO LOGIN IN ORDER TO POST A COMMENT Not a member yet? 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