Fidelity Investments files official data breach notice | Console and related, PC

On October 9, 2024, Fidelity Investments filed a data breach notice with the Maine Attorney General after discovering a recent data security incident. In the notice, Fidelity explains that the incident allowed an unauthorized party to access sensitive consumer information. Once its investigation was completed, Fidelity began sending data breach notification letters to everyone whose information was affected by the recent data security incident.

If you have received a data breach notification from Fidelity Investments, it is essential that you understand what is at risk and what you can do about it. A data breach attorney can help you learn more about how to protect yourself from fraud or identity theft, as well as discuss your legal options following the Fidelity data breach Investments. For more information, please see our recent article on the subject here.

What caused the Fidelity Investments data breach?

The Fidelity Investments data breach was only recently announced and more information is expected in the near future. However, Fidelity’s filing with the Maine Attorney General provides important information about what led to the violation. According to this source, on August 19, 2024, Fidelity learned that an unauthorized party may have accessed and obtained certain information. Clearly, the unauthorized individuals used two customer accounts they had recently created to access the information.

Upon detection, Fidelity terminated all unauthorized access and then launched an investigation with the assistance of external cybersecurity experts. Through this investigation, Fidelity confirmed that the unauthorized party was able to access confidential information about certain individuals.

After learning that sensitive consumer data was being accessed by an unauthorized party, Fidelity Investments reviewed the compromised files to determine what information had been disclosed and which consumers were affected. Fidelity recently completed this review process; However, the data breach letter publicly available on the Maine Attorney General’s website does not specify what information was disclosed.

That said, on October 9, 2024, Fidelity Investments sent data breach letters to anyone affected by the recent data security incident, and these letters should provide victims with a list of information belonging to them that was compromised.

More information about Fidelity investments

Founded in 1946, Fidelity is a leading financial services company based in Boston, Massachusetts. Fidelity provides financial services and investment resources to individuals and institutions. Fidelity Investments operates a brokerage firm, manages mutual funds and provides investment advisory, retirement services, index funds, wealth management services, securities execution services and insurance products -life. Fidelity Investments employs more than 75,000 people and generates approximately $28 billion in annual revenue.