May
12
Top Morgan Stanley banker says foreign governments are trying to hack Wall Street
By
Greg Fleming of Morgan Stanley.
One of Morgan Stanley’s top bankers says that a growing portion of Wall Street firms’ budgets will need to be dedicated to thwarting hackers.
Speaking at the SALT Conference in Las Vegas, Gregory Fleming told event attendees that “you need to invest more and more resources to stay ahead” of hackers — including foreign governments.
Fleming, who is president of investment management at Morgan Stanley, didn’t specify any particular countries he’s concerned with, but his sentiment was echoed by other Wall Street pros on stage…
Top Morgan Stanley banker says foreign governments are trying to hack Wall Street
