![Morgan Stanley company sign on building in Texas.](https://resource-recycling.com/e-scrap/wp-content/uploads/sites/2/2022/10/MorganStanley-20221012-JHVEPhoto-EditorialUseOnly-shutterstock_2127175130-web-1024x683.jpg)
The financial costs from Morgan Stanley’s ITAD project mismanagement have grown to over $163 million. | JHVEPhoto/Shutterstock
This story has been updated.
Morgan Stanley’s years of IT asset disposition errors have cost the banking giant over $163 million, according to an updated E-Scrap News tally. New details on the data loss incidents have also recently come to light.