Fidelity Investments

Fidelity Investments, also known simply as Fidelity, is an investments firm headquartered in the United States of America. The organization provides investment-related services to clients within the country. Its core activities are reflected in its alias, which directly references its focus on investments.

In January 2024, Fidelity Investments settled a class action lawsuit for $2.5 million related to a data breach that exposed personal information of approximately 155,000 individuals. The settlement included eligibility for up to $5,000 in losses, two years of credit monitoring, and a pro rata payment for affected class members. This incident was reported by multiple legal and business news outlets in early 2024.

A separate cybersecurity incident occurred on May 29, 2023, involving Pension Benefit Information, LLC, where an external system breach compromised the personal information of over 370,000 individuals, including nearly 2,000 Maine residents. The breached data consisted of names combined with Social Security numbers, and the organization offered affected individuals 24 months of credit monitoring and identity theft restoration services. Details of this incident were documented in a Maine state online viewer.

These reported breaches illustrate the data protection challenges that Fidelity Investments has faced in recent years. The organization’s handling of the incidents, including settlements and offered remediation services, has been part of its public response to such security events.