As a seasoned researcher with years of experience under my belt, I find myself both intrigued and concerned by the recent string of data breaches at Fidelity Investments. Having witnessed numerous incidents like these in the past, I can’t help but feel a sense of deja vu.
It has been confirmed by Fidelity Investments that over 77,000 customer’s personal information was exposed in a data breach. On October 9th, the company reported to Maine’s Attorney General that this incident affected approximately 77,099 individuals out of their total 51.5 million customers, representing a relatively small number.
The incident took place from August 17th to 19th, during which a hacker managed to obtain customer names and additional personal data via two newly created accounts, which they were able to access.
On August 19, Fidelity identified an unapproved entry and promptly ended it. The firm guaranteed that no external entity managed to gain access to genuine Fidelity client accounts.
As a researcher, I’d like to share some important information regarding a service being offered by Fidelity. In an effort to aid those affected, they are providing two years of complimentary credit monitoring and identity restoration services through TransUnion Interactive. Additionally, they strongly recommend that customers remain cautious and vigilant, regularly examining their financial statements for any potential signs of fraud or identity theft.
This latest event represents Fidelity’s fourth data security incident within the last year, occurring after previous incidents on March 4th, March 18th, and July 19th. So far, Fidelity has remained silent in response to queries seeking additional information.
Regardless of certain security concerns, Fidelity continues to hold a significant position within the cryptocurrency industry. The Fidelity Wise Origin Bitcoin Trust (FBTC), introduced in January, has seen close to $10 billion in investments, and the Fidelity Ethereum Fund (FETH) has amassed approximately $445 million since July.
As concerns about data security rise, customers are reminded to monitor their accounts closely.
Read More
Sorry. No data so far.
2024-10-11 09:41