Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Morgan Stanley discloses client data breach involving vendor Guidehouse
Issue disclosure
Morgan Stanley disclosed that personal data belonging to some clients of its StockPlan Connect business was compromised in a breach involving vendor Guidehouse. The stolen files included identifying information, including names, addresses and dates of birth. Morgan Stanley said the attackers exploited a software vulnerability. The disclosure concerned client data held in connection with the StockPlan Connect business and identified Guidehouse as the vendor involved in the breach.
Company response
Remediation — Morgan Stanley
We are in close contact with Guidehouse and are taking steps to mitigate potential risks to clients.
Source excerpt
The files obtained from the vendor included: clients’ name; address; date of birth; Social Security number; and corporate company name.
Morgan Stanley has reported that some of its clients’ personal data was compromised earlier this year after it learned of a security breach involving one of its vendor partners.
Morgan Stanley said attackers gained access to the information by exploiting a vulnerability, which was patched within five days
2005
Navigant expenses questioned in Los Angeles County hospital work
Before Navigant Consulting became part of Guidehouse, Los Angeles County auditors rejected more than $206,000 in claimed expenses connected with work at Martin Luther King Jr.-Harbor Hospital. The objections included unauthorized first-class travel and project goals that had not been completed. The matter concerns the predecessor company rather than an incident reported as involving Guidehouse after its formation.