17 May 2026 - 18:21
Category: Breach
Fidelity Pays for Its Data Sins
Fidelity is parting with $2.5 million because they couldn’t keep 77,000 customers' Social Security numbers to themselves. I suppose a settlement almost makes identity theft feel worth it.
Source: wltx.com
The Full Story
Fidelity Investments has graciously agreed to settle a class-action lawsuit for a few million dollars after losing the financial souls of approximately 77,000 customers back in 2024. Those affected now have until the summer to beg for their modest compensation while hackers enjoy the permanent gift of their Social Security numbers. Shielding ourselves from this mess involves the usual tedious ritual of monitoring credit reports and praying that the next financial giant has a better grasp on basic security.