Updated
Updated · Barron's · May 1Fidelity Investments agrees $1.25 million settlement over 2024 data breach
14 articles · Updated · Barron's · May 1
- Massachusetts Secretary of the Commonwealth William Galvin said the breach exposed personal information of 77,000 customers and other individuals.
- Regulators also alleged Fidelity failed to notify nonclients whose information was compromised in the incident.
- Fidelity said it moved quickly to limit damage and has found no evidence of identity theft or fraud resulting from the breach.
With massive data breaches and insider fraud, how can financial giants truly guarantee the safety of your money and personal information? AI promises to make financial advisors more efficient. Will this mean lower fees for you, or just higher profits for them?