Fidelity fined $1.25M over data breach

News April 29, 2026 at 09:15 AM
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What You Need To Know

  • William Galvin of Massachusetts ordered Fidelity to pay $1.25 million for failing to enforce appropriate cybersecurity controls.
  • At least 2,768 customers and individuals in the state were affected by the breach.
  • Fidelity said it has "no evidence that identity theft or fraud occurred because of this incident."