In a recent incident, Valsoft Corporation Inc., operating as AllTrust, experienced a significant data breach that affected a considerable number of individuals across multiple states. The breach was discovered on December 6, 2024, but the unauthorized access to sensitive information occurred earlier on February 12, 2024. This breach has exposed a variety of personal and financial data, raising concerns among those affected.
The breach impacted individuals in several states, with specific numbers reported: 11,040 people in Texas, 188 in Maine, and 314 in Massachusetts. The total number of affected individuals in the United States has not been disclosed.
Information Exposed:
The exact method by which the data was stolen has not been detailed, but the exposure of such sensitive information suggests a severe breach that could potentially lead to identity theft or financial fraud.
For more detailed information, you can view the disclosure on the websites of the Maine Attorney General, Texas Attorney General, Massachusetts Attorney General, and California Attorney General.
In response to the data breach, Valsoft Corporation Inc. has taken several steps to address the issue and mitigate potential harm to affected individuals. The company notified consumers on February 27, 2025, through U.S. Mail and a posting on their website. This notification is crucial for those affected to take immediate action to protect their personal information.
While specific resources offered by Valsoft to those impacted have not been disclosed, it is advisable for affected individuals to monitor their financial accounts closely, consider placing a fraud alert on their credit reports, and remain vigilant for any signs of identity theft. Given the nature of the exposed data, these precautions are essential to safeguard against potential misuse.
Valsoft Corporation Inc., based in Montreal, specializes in acquiring and developing vertical market software businesses. In July 2020, Valsoft expanded its portfolio by acquiring AllTrust Networks, a provider of check cashing solutions software in Herndon, Virginia. Valsoft focuses on investing in stable businesses and fostering an entrepreneurial environment to help these companies grow into industry leaders.
Unlike private equity and venture capital firms, Valsoft does not have a pre-defined investment horizon, emphasizing long-term value creation in partnership with existing management teams.
For more information about Valsoft Corporation Inc., visit their website.