Morgan Stanley blocks remote network access for China interns

By: Financial Times

July 23, 2020

Morgan Stanley is taking an extra security step that singled it out from other global financial companies.

While a large number of workers around the globe have had to work remotely during the coronavirus pandemic, interns in China haven’t had the same access.

The company is blocking its interns in China from accessing the bank’s virtual network remotely out of concern about Beijing’s cyber security rules, according to the Financial Times.

Beijing’s tough cyber security rules can cover from how data is stored to what is posted online. Offenders can be hit with stiff penalties.