JPMorgan Fined $200 Million Over Employees’ Use of WhatsApp and Other Messaging Apps
JPMorgan was fined $200 million for failing to monitor employees’ use of WhatsApp and other messaging apps for work-related communication. This fine was part of a broader crackdown by regulators on banks that allow informal channels to bypass official compliance systems.
The article from The Wall Street Journal explores how this issue is part of a growing concern over security and compliance risks in the digital workplace.