Strauss Borrelli PLLC, a leading data breach law firm, is investigating Fidelity Investments (“Fidelity”), regarding its recent data breach. The Fidelity data breach may have involved sensitive personal identifiable information belonging to over 77,000 individuals.
ABOUT FIDELITY INVESTMENTS:
Fidelity is a privately held financial service provider based in Massachusetts. Founded in 1946, Fidelity provides a variety of services to individuals and employers, including financial planning, advice, and education, asset management, benefit programs, investment services, and more.2 Additionally, Fidelity works with advisors and institutions, providing investment and technology products and solutions, clearing and custody services, and institutional trading products, services and execution to thousands of firms.2 With assets under administration of $14.1 trillion, including discretionary assets of $5.5 trillion as of June 30, 2024, Fidelity serves over 51.5 million individuals and nearly 28,000 businesses.2 Headquartered in Boston, Massachusetts, Fidelity has over 200 locations across 11 countries, and employs over 75,000 individuals.
WHAT HAPPENED?
Recently, Fidelity reported to the Attorney General of Maine that it had experienced a data breach in which the sensitive personal identifiable information in its systems may have been accessed and acquired. According to the breach notice, on August 19, 2024, Fidelity discovered that an unauthorized actor had gained access to its systems using two customer accounts that they had recently established.1 As a result, Fidelity launched an investigation to determine the nature of the incident.
Through its investigation, Fidelity learned that sensitive personal information in its systems may have been viewed and obtained by an unauthorized individual between August 17 and August 19, 2024. As a result, Fidelity began a review of the data to determine what information had been impacted as well as identify the specific individuals affected. While the information impacted varies depending on the individual, the type of information potentially exposed includes:
- Name
- Social Security number
- Driver’s license number
- Financial information (e.g., financial account information, credit or debit card numbers)
On October 9, 2024, Fidelity began mailing data breach notification letters to impacted individuals. Based on the breach notice sent to Maine residents, Fidelity is providing affected individuals with a list of the specific types of sensitive information impacted and 24 months of complimentary credit monitoring services. A link to the form breach notification letters that Fidelity filed with the Attorney General of Maine is below.
If you received a breach notification letter from Fidelity Investments:
We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at 872.263.1100 or sam@straussborrelli.com.
