Fidelity Investments Notifying 28,000 People of Data Breach

Fidelity Investments Notifying 28,000 People of Data Breach

March 7, 2024 at 06:27AM

Fidelity Investments Life Insurance Company notified 28,000 individuals of a data breach at third-party provider Infosys McCamish System, compromising personal data including names, birth dates, Social Security numbers, bank and credit card details. The breach stems from a cyberattack in October 2023. Affected individuals are offered two years of free credit monitoring. IMS’ cyberattack also impacted Bank of America.

Based on the meeting notes, the key takeaways are:

– Approximately 28,000 individuals have been informed by Fidelity Investments Life Insurance Company that their personal information was compromised in a data breach at third-party services provider Infosys McCamish System (IMS).
– The data breach resulted from a cyberattack on IMS’ systems in October 2023, leading to unauthorized access to sensitive data including names, dates of birth, state of residence, Social Security numbers, bank account and routing numbers, and credit card numbers.
– Fidelity is unable to confirm with certainty the exact personal information that was accessed as a result of the incident and the investigation into the scope of the breach continues.
– The affected individuals are being offered two years of credit monitoring at no cost.

Additionally, the data breach at IMS also impacted Bank of America, with customer data stolen from IMS’ systems, and estimated losses of $30 million. SecurityWeek has reached out to Fidelity and IMS for further information. Other related data breaches at companies like American Express, Golden Corral, and U-Haul are also mentioned in the notes.

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