Fidelity Investments, one of the largest Asset management companies In the world, some cybersecurity companies seem to be missing from their investment portfolio. A security breach that occurred between August 17 and 19, 2024 compromised the data of 77,000 customers outside in the open air. This cyberattack, which stole highly sensitive personal information such as Social Security numbers and driver’s licenses, left Fidelity customers vulnerable to potential identity theft and fraud. The people concerned are not happy, to say the least, and will be taking legal action.

What happened to the Fidelity breach?

To August 17, 2024Hackers posing as new customers gained unauthorized access to the company’s database. It wasn’t until two days later that Fidelity discovered suspicious activity on its internal network. Although the company immediately blocked access, 77,000 customers’ data had already been stolen. Although Fidelity assures customers of this no accounts or personal assets were compromised, the company refuses to provide details about exactly how hackers were able to get into their network.

What exactly was leaked in the Fidelity data breach?

As mentioned earlier, highly sensitive information was stolen during the data breach full names, social security numbers, driver’s licenses, And Financial account information.

Although Fidelity has already notified customers whose information was stolen, they should watch for signs of identity theft, fraudulent credit or other suspicious activity in the coming months. The company offered 24 months credit monitoring and protection against identity theft TransUnion Interactive.

My Fidelity details were leaked. What am I entitled to?

If you were affected by the Fidelity security breach, you may be entitled to a class action lawsuit. Although there is no one yet, law firms such as: Markovits, Stock & DeMarco, LLC And Murphy Law Firm collect claims on behalf of affected customers.

If you would like to explore your legal options further, you can contact the law firms directly:

• Markovits, Stock & DeMarco, LLC: Call (513) 651-3700. You can also submit one Case evaluation request via their website.
• Murphy Law Firm: Visit their website to participate in the research. They are currently reviewing the claims and preparing a class action lawsuit.

How to know if your data has been compromised

Fidelity has already notified affected customers via USPS mail. If you have received this letter, consider it confirmation that your information has been compromised.

If you haven’t received any letters yet but are feeling suspicious, it is always advisable to take extra precautions to be safe:

–Contact Fidelity directly: You can contact customer service at any time to check whether your personal information has been compromised.

–Check your credit reports: Carefully review the financial reports of your bank accounts and see if you notice any suspicious activity or unauthorized purchases.

–New passwords: Play it safe and create a new password for your Fidelity account, especially if it will be reused on other platforms.

–Consider a credit freeze:A Credit freeze can prevent anyone from opening new lines of credit in your name.

–Beware of phishing scams: After a breach, hackers try to take advantage of the situation by sending emails to victims and tricking them into revealing even more information. If you suddenly receive unsolicited emails asking for your personal or financial information, don’t click on any link and block it as Spam.

What’s next for Fidelity?

Although Fidelity is neither the first nor the last company to suffer a data breach in 2024, the company said Mea culpa and emphasized his commitment to Guard customers data and prevent future incidents. Only time will tell that Fidelity is investing heavily –former– to better security systems, as they say.

For the time being, Fidelity customers affected by the incidents should take full advantage of the credit monitoring services offered. Regardless of whether you decide to join one or not Class action lawsuitStay informed about the data breach and take special precautions when handling your personal data. That is security ultimate investmentfinally.