Dubai regulator fines Moody's Middle East unit Dh2.15m over data breaches
The Dubai Financial Services Authority has fined the Middle East unit of Moody's Investors Service $585,825 (Dh2.15 million) for failing to safeguard confidential information over more than two years. Moody's Investors Service Middle East Limited (Mismel) breached regulations governing credit rating agencies with seven incidents of inadvertent data disclosur