Incident Score: Analysis & Impact (FID1777381741)
The details regarding individual company incidents & reports gives you full view from every side.
Rankiteo Score Impact Analysis
Key Highlights From The Incident Analysis
- Timeline of Fidelity Investments's Breach and lateral movement inside company's environment.
- Overview of affected data sets, including SSNs and PHI, and why they materially increase incident severity.
- How Rankiteo’s incident engine converts technical details into a normalized incident score.
- How this cyber incident impacts Fidelity Investments Rankiteo cyber scoring and cyber rating.
- Rankiteo’s MITRE ATT&CK correlation analysis for this incident, with associated confidence level.
Full Incident Analysis Transcript
In this Rankiteo incident briefing, we review the Fidelity Investments breach identified under incident ID FID1777381741.
The analysis begins with a detailed overview of Fidelity Investments's information like the linkedin page: https://www.linkedin.com/company/fidelity-investments, the number of followers: 1273904, the industry type: Financial Services and the number of employees: 84396 employees
After the initial compromise, the video explains how Rankiteo's incident engine converts technical details into a normalized incident score. The incident score before the incident was 781 and after the incident was 625 with a difference of -156 which is could be a good indicator of the severity and impact of the incident.
In the next step of the video, we will analyze in more details the incident and the impact it had on Fidelity Investments and their customers.
Fidelity Brokerage Services recently reported "Fidelity Brokerage Services 2024 Data Breach", a noteworthy cybersecurity incident.
Fidelity Brokerage Services, a leading U.S.
The disruption is felt across the environment, and exposing Sensitive personal information, with nearly 77,000 records at risk, plus an estimated financial loss of $1.25 million (settlement).
Formal response steps have not been shared publicly yet.
The case underscores how Resolved (settlement reached).
Finally, we try to match the incident with the MITRE ATT&CK framework to see if there is any correlation between the incident and the MITRE ATT&CK framework.
The MITRE ATT&CK framework is a knowledge base of techniques and sub-techniques that are used to describe the tactics and procedures of cyber adversaries. It is a powerful tool for understanding the threat landscape and for developing effective defense strategies.
MITRE ATT&CK® Correlation Analysis
Rankiteo's analysis has identified several MITRE ATT&CK tactics and techniques associated with this incident, each with varying levels of confidence based on available evidence. Under the Initial Access tactic, the analysis identified Valid Accounts (T1078) with moderate confidence (60%), supported by evidence indicating exposed sensitive personal information of approximately 77,000 customers and Exploit Public-Facing Application (T1190) with moderate confidence (50%), supported by evidence indicating security of customer data within the financial sector. Under the Credential Access tactic, the analysis identified Unsecured Credentials (T1552) with moderate to high confidence (70%), supported by evidence indicating sensitive personal information...exposed and OS Credential Dumping (T1003) with moderate confidence (50%), supported by evidence indicating data breach impacting 77,000 customers. Under the Collection tactic, the analysis identified Data from Local System (T1005) with moderate to high confidence (80%), supported by evidence indicating exposed sensitive personal information of approximately 77,000 customers. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate to high confidence (70%), supported by evidence indicating data breach impacting 77,000 customers and Transfer Data to Cloud Account (T1537) with moderate confidence (50%), supported by evidence indicating financial services firm with cloud-based systems. Under the Impact tactic, the analysis identified Data Destruction (T1485) with lower confidence (40%), supported by evidence indicating regulatory allegations tied to a 2024 data breach and Stored Data Manipulation (T1565.001) with lower confidence (30%), supported by evidence indicating sensitive personal information exposed. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- Fidelity Investments Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/fidelity-investments/incident/FID1777381741
- Fidelity Investments CyberSecurity Rating page: https://www.rankiteo.com/company/fidelity-investments
- Fidelity Investments Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/fid1777381741-fidelity-brokerage-services-breach-january-2024/
- Fidelity Investments CyberSecurity Score History: https://www.rankiteo.com/company/fidelity-investments/history
- Fidelity Investments CyberSecurity Incident Source: https://www.teiss.co.uk/news/fidelity-to-pay-125-million-over-2024-data-breach-affecting-77000-customers-17411
- Rankiteo A.I CyberSecurity Rating methodology: https://www.rankiteo.com/Images/rankiteo_algo.pdf
- Rankiteo TPRM Scoring methodology: https://static.rankiteo.com/model/rankiteo_tprm_methodology.pdf