What You Need to Know
AMCP Payments Intermediate Company, LLC, doing business as Talus Pay, experienced a data breach where unauthorized access to employee email accounts between May 2, 2023, and May 16, 2023, potentially exposed sensitive consumer information, and affected individuals were notified of the breach with a letter on December 14, 2023.
- Company Name: Talus Pay
- Date Filed: December 14, 2023
- Number of People Affected: Unknown
- Data Breached: Unspecified
Who’s Affected & What Data Was Breached
Affected Customers
Talus Pay began sending out data breach notification letters to individuals whose information was compromised on December 14, 2023. The number of affected customers has not been specified in the available information.
Data Compromised
The specific data points that were leaked in the Talus Pay data breach have not been disclosed in the company’s data breach letter available on the California Attorney General s website. Affected individuals are expected to receive personalized letters detailing what information of theirs was compromised.
Summary of the Talus Pay Data Breach
Initial Discovery and Response
On May 16, 2023, Talus Pay identified suspicious activity in an employee’s email account. The company promptly secured the account, notified state regulators, and engaged third-party data security specialists to investigate the breach.
Investigation Outcomes
The investigation revealed that between May 2, 2023, and May 16, 2023, multiple employee email accounts had been compromised. This breach allowed unauthorized access to, and possible acquisition of, confidential consumer data within these accounts.
Notifications of Breach
Upon determining that sensitive consumer data had been accessed, Talus Pay meticulously reviewed the compromised files to ascertain the information leaked and identify the consumers affected. Data breach notification letters were then prepared.
Consumer Impact
On December 14, 2023, Talus Pay sent out the notification letters to individuals affected by the breach. Details about the specific data points leaked were not disclosed in the general notice on the California Attorney General s website but were provided in the personalized letters to the victims.
Company Background
Talus Pay is a Dallas, Texas-based software company specializing in payment technologies and solutions. Serving various business sizes, they offer services like credit card acceptance, check services, and marketing services, with an employee base of over 200 and an annual revenue of approximately $42 million.
More Information About Talus Pay and AMCP Payments Intermediate Company, LLC
Overview of AMCP Payments Intermediate Company, LLC
AMCP Payments Intermediate Company, LLC, doing business as Talus Pay, is a renowned name in the field of payment processing and financial services. The company is headquartered in Dallas, Texas, and it offers a comprehensive range of services tailored to meet the transactional needs of businesses.
Talus Pay’s Services
Talus Pay is known for providing a diverse suite of payment technologies designed to facilitate smooth business operations. Their services encompass credit card acceptance, which allows businesses to process credit card transactions swiftly. Additionally, they offer PIN-based debit acceptance, an alternative payment method that caters to customers who prefer using debit cards.
Additional Services Provided
To enhance the financial solutions for their clients, Talus Pay also deals with the issuance of gift cards and check services. These offerings are part of an effort to help businesses attract new customers and retain existing ones by providing convenient payment alternatives.
Digital Payment Solutions
Embracing technological advancements, Talus Pay provides electronic payment processing services. This feature is crucial for businesses looking to operate in the digital marketplace. They also support mobile wallet services, which have gained popularity due to the increased use of smartphones for transactions.
Marketing and Other Services
To ensure that their clients have access to a full spectrum of business solutions, Talus Pay extends beyond payment processing to include marketing services. These services are intended to assist businesses in promoting their products and services more effectively.
Customer Base
Talus Pay’s customer base includes businesses of various sizes, ranging from small startups to large corporations. These businesses rely on Talus Pay for seamless transaction processing and financial service needs, which are essential components of modern commerce.
Company Size and Revenue
With a significant workforce of over 200 employees, Talus Pay takes pride in its ability to provide employment in the tech and financial services sectors. The company reports an impressive annual revenue, which reflects its success and substantial market presence, with an estimated $42 million generated each year.
The Role of Talus Pay in Business Operations
Businesses that choose Talus Pay do so for the reliability and convenience of their services, which are integral for day-to-day transactions. As a provider of payment processing solutions, Talus Pay plays a key role in helping businesses effectively handle their financial transactions, thereby supporting their overall operations and customer service endeavors.