Anonymous cynically comically infamously deletions they happen. And here I was expect yet another database definition, but got a debased definition.
JP Morgan fined by SEC for deleting email records
21–30 of 254 posts
Re: JP Morgan fined by SEC for deleting email records
#22Maybe Americans should be asking for the NSA's support in protecting the rights and freedoms of their country, and give Congress the backup they definitely made of all of JP Morgans data ..
EDIT: its amazing - not a mention of the fact that JPMorgan is under investigation for its relationship with Epstein ..
Re: JP Morgan fined by SEC for deleting email records
#23"Accidentally".
Re: JP Morgan fined by SEC for deleting email records
#24Re: JP Morgan fined by SEC for deleting email records
#25I believe them
This, but unironically. When a law requires data to be retained for X time, risk-averse companies interpret this as an instruction to immediately delete said data as soon as time X passes, and use automated tools to this end. Sadly, these tools tend to be ad-hoc software written and maintained by internal teams, and thus about as buggy as you'd expect. I've worked in such places, and - in addition to all the other is…
Additionally it looks like they farmed out the project to a third party that was working with FINRA to ensure compliance, apparently that consulting agency failed at their task miserably.
Re: JP Morgan fined by SEC for deleting email records
#26I’ve made this kind of accident before. Within my first 6 months there was a massive internal investigation of someone entering the building without authorization, as they had made their own keycard.
I had been asked to analyze a machine’s event log to see what happened, and on a Teams meeting with a dozen people proceeded to right click the event log and mistakenly hit clear, unconsciously accepting the dialogue box.
That was embarrassing, but I was direct about it.
I always just pull the plug and image the disk since.
Re: JP Morgan fined by SEC for deleting email records
#27This double as a great PR communication toward any businesses that want their data be secured. Secured as in « out of legal reach »
Re: JP Morgan fined by SEC for deleting email records
#28[deleted]
Re: JP Morgan fined by SEC for deleting email records
#29Earlier quoted context omitted.
This, but unironically. When a law requires data to be retained for X time, risk-averse companies interpret this as an instruction to immediately delete said data as soon as time X passes, and use automated tools to this end. Sadly, these tools tend to be ad-hoc software written and maintained by internal teams, and thus about as buggy as you'd expect. I've worked in such places, and - in addition to all the other is…
Additionally it looks like they farmed out the project to a third party that was working with FINRA to ensure compliance, apparently that consulting agency failed at their task miserably.
Task failed successfully.
Re: JP Morgan fined by SEC for deleting email records
#30> to a project where the company aimed to delete from its systems any older communications and documents that were no longer required to be retained.
Literally no reason to do this but for this precise goal.