Dubai Regulator Fines Moody’s Middle East Unit $585,825 Over Data Breaches
Dubai’s financial regulator imposed a $585,825 (AED 2.1 million) fine on Moody’s Investors Service Middle East after finding shortcomings in safeguards for confidential information, including incidents in which sensitive data was accidentally sent outside the company.
By Staff WriterDubai’s financial regulator has fined Moody’s Investors Service Middle East $585,825 (AED 2.1 million) after finding shortcomings in the credit rating agency’s safeguards for confidential information, including incidents in which sensitive data was accidentally sent outside the compa…