From Bloomberg:

Morgan Stanley fired an employee it said stole data, including account numbers, for as many as 350,000 wealth-management clients and posted some of the information online.

Morgan Stanley wealth management clients are pretty well-off, to put it mildly. If this can happen to them, it can happen to any of us.

It seems like every week now we’re hearing about millions of people whose personal information has been stolen from a large corporation. If yours hasn’t been compromised already, it probably will.

This is a matter of when, not if. Many of you have already had your identity stolen (including me, which figured into how I became involved in credit repair). If you haven’t had your stolen, consider it an opportunity to get your ducks in a row and be proactive.

If you haven’t signed up for credit monitoring, you need to do so. Despite the claims of various companies that provide credit monitoring, there’s not a whole lot of difference. I use Identity Monitor from Citibank.

Watch your credit like a hawk, and if anyone opens an account in your name, contact the credit bureaus and the FBI. Fill out an affidavit of identity theft.