Fidelity Confirms Data Breach

One of the largest asset managers in the world, Fidelity Investments, has revealed that personal information about 77,000 customers was stolen in August

In a letter to those affected, Fidelity said, “We detected this activity on August 19 and immediately took steps to terminate the access.” The letter also said that no one had access to the customers’ Fidelity accounts during the incident.

The Boston, Massachusetts-based investment firm told Maine’s attorney general on Wednesday that between August 17 and August 19, an unknown third party accessed information from its systems “using two customer accounts that they had recently established.”

Fidelity revealed that the breach affected 77,099 customers, and personal information about those customers was found to have been compromised. At this point, it’s unclear how hacking two Fidelity accounts lets people get into the data of thousands of other users.

The big bank hasn’t yet said what personal information was stolen.

As of this writing, TechCrunch has not yet heard back from a Fidelity representative, and the company’s website does not seem to have any details about the breach.

Fidelity says that as of June 2024, its customers had funds worth $14.1 trillion from more than 51 million individual investors.