Fidelity customers’ financial info feared stolen in suspected ransomware attack

Fidelity customers' financial info feared stolen in suspected ransomware attack

March 5, 2024 at 02:31PM

Nearly 30,000 Fidelity Investments Life Insurance customers’ personal and financial information was likely stolen by hackers who infiltrated Infosys’ IT systems. The breach may have compromised names, Social Security numbers, bank account details, and more, leaving individuals vulnerable to financial fraud and identity theft. The incident also affected Bank of America, with over 85,000 individuals’ data compromised.

Based on the meeting notes, the key takeaways are as follows:

– Approximately 30,000 Fidelity Investments Life Insurance customers’ personal and financial information, including sensitive data such as bank account and routing numbers, credit card numbers, and access codes, were likely stolen by criminals who broke into Infosys’ IT systems in the fall.

– The stolen data may have included names, Social Security numbers, states of residence, bank accounts and routing numbers, or credit/debit card numbers in combination with access code, password, and PIN for the account, and dates of birth.

– The intrusion into Infosys’ systems was attributed to LockBit, and it affected its US subsidiary, Infosys McCamish Systems, resulting in the shutdown of some applications and IT systems.

– Notably, Infosys was also at the center of a previous Bank of America leak, where sensitive information of 57,028 customers may have been compromised.

– In total, it is estimated that sensitive details of more than 85,000 individuals were compromised across both financial firms due to the security breach.

– Fidelity and Bank of America are actively engaging with Infosys to understand the impact of the incident, implement remedial measures, and ensure the safe restoration of services.

These points highlight the severity of the security breach and the ongoing efforts to mitigate its impact and restore services to affected customers.

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