Explore the latest developments concerning Fidelity data breach:.
Fidelity data breach: Deadline looms for up to $5,000 per customer settlement payouts
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A $2.5 million settlement for a data breach that compromised consumer information on Fidelity Investments' website is just days away from a claim deadline.
Those affected by the August 2024 incident have until July 27, 2026, to submit a claim for payment of up to $5,000.
Here is what happened, who is eligible for a settlement check, and the fastest way to file a claim before the deadline.
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See if you qualify for Fidelity's $2.5M data breach settlement and learn how to fight identity theft
If you're a Fidelity Investments customer, you may be eligible for a payout stemming from the financial giant's recent $2.5 million data breach settlement.
Fidelity and its subsidiary, Fidelity Brokerage Services agreed to the deal on May 13, closing the door on a lawsuit alleging the investment giant failed to both adequately prevent a cyberattack and alert members to its existence after the fact.
In their complaint, the plaintiffs alleged that Fidelity detected suspicious activity on its network between Aug. 17 and 19, 2024, but waited almost two months before notifying customers. Calling the breach "preventable," they claimed Fidelity's "inadequately secured computer systems" allowed the attackers to gain entry.
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