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Fidelity Data Breach Investigation | FIS Global

The Lyon Firm is investigating Fidelity Investments and FIS Global data breach claims related to the massive MOVEit cyberattack that has embroiled hundreds of organizations and millions of individuals worldwide.

Pension Benefit Information, also known as PBI Research Services, reported that over 371,000 participants in Fidelity retirement plans may have been exposed in the MOVEit data breach.

The May attack targeted the encrypted file transfer software Moveit and has allegedly impacted numerous financial firms, universities, government entities and retirement systems.

What happened?

On August 11, 2023, Fidelity (FIS Global) filed a notice of data breach with the Attorney General of Maine after discovering their network was compromised. Names and Social Security numbers and other data was exposed.

If you receive a data breach notification discussing the MOVEit breach or Fidelity breach, it is important to take steps to protect yourself and to contact a data privacy attorney. Legal action may be warranted and compensation could be available.

FIS Global has confirmed that customers of Umpqua Bank, Valley Bank, and Sound Community Bank were affected by this security incident. FIS Global provides certain services to financial institutions.

In July and August of 2023, impacted banks began sending out data breach letters to those customers whose information was known to be compromised. These letters should provide victims with a list of what information belonging to them was compromised and offers of identity theft protection.

The company notes that hackers were not able to access the IT systems of Umpqua Bank, Valley Bank, or Sound Community Bank, but some related data held by a third party.

About Fidelity

Fidelity National Information Services is a company specializing in credit card and transaction processing for banks, serving 220,000 customers around the globe.

Contact our lawyers to discuss your next steps and if you qualify to join a class of plaintiffs. We offer free and confidential consultations to data theft victims nationwide.