Talus Pay Confirms Data Breach Following Unauthorized Access to Employee Email Account

Console and Associates, P.C.
Contact

On December 14, 2023, AMCP Payments Intermediate Company, LLC d/b/a Talus Pay (“Talus Pay”) filed a notice of data breach with the Attorney General of California after discovering that an unauthorized party had gained access to an employee email account. In this notice, TalusPay explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information. Upon completing its investigation, TalusPay began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.

If you received a data breach notification from Talus Pay or AMCP Payments Intermediate Company, LLC, it is essential you understand what is at risk and what you can do about it. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the Talus Pay data breach. For more information, please see our recent piece on the topic here.

What Caused the Talus Pay Data Breach?

The Talus Pay data breach was only recently announced, and more information is expected in the near future. However, Talus Pay’s filing with the Attorney General of California provides some important information on what led up to the breach. According to this source, on May 16, 2023, Talus Pay identified suspicious activity within an employee’s email account. In response, Talus Pay took the necessary steps to secure the employee’s email account, notified state regulators, and then began working with third-party data security specialists to investigate the incident.

The Talus Pay investigation confirmed that an unauthorized actor was able to access several employee email accounts between May 2, 2023, and May 16, 2023. It was also determined that the unauthorized actor was able to access—and potentially acquire—confidential consumer data located within the affected email accounts.

After learning that sensitive consumer data was accessible to an unauthorized party, Talus Pay reviewed the compromised files to determine what information was leaked and which consumers were impacted.

On December 14, 2023, Talus Pay sent out data breach letters to anyone who was affected by the recent data security incident. Unfortunately, the Talus Pay data breach letter on the California AG’s website doesn’t indicate what data points were leaked. However, the personalized data breach letters that will be going out to individual victims should provide victims with a list of what information belonging to them was compromised.

More Information About AMCP Payments Intermediate Company, LLC

AMCP Payments Intermediate Company, LLC is a software company based out of Dallas, Texas. Talus Pay specializes in payment technologies and solutions for businesses of all sizes. Some of the services offered by Talus Pay include credit card acceptance, PIN-based debit acceptance, gift card issuance, check services, electronic payment processing, mobile wallet services, marketing services, and more. Talus Pay employs more than 200 people and generates approximately $42 million in annual revenue.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Console and Associates, P.C.

Written by:

Console and Associates, P.C.
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Console and Associates, P.C. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide