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Over 161 thousand U.S. citizens notified of potential data leak, with sensitive information including names, Social Security numbers, and financial data at risk.

Fintech company's catastrophic cybersecurity breach potentially divulged confidential personal and financial details of more than 100,000 U.S. citizens.

Fintech company faces potential data breach, exposing highly confidential financial and personal...
Fintech company faces potential data breach, exposing highly confidential financial and personal data of approximately 100,000 U.S. citizens.

Cybersecurity Nightmare: Over 161,000 Affected by Valsoft Corporation Data Breach

Over 161 thousand U.S. citizens notified of potential data leak, with sensitive information including names, Social Security numbers, and financial data at risk.

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In an unprecedented cybersecurity incident, Valsoft Corporation, operating under the name AllTrust Networks, experienced a data breach that potentially exposed the personal and financial information of nearly 161,000 individuals. This incident transpired through its subsidiary, Aspire USA, where unauthorized access to a non-production network was detected between February 12 and February 15, 2024. AllTrust Networks' internal security team intervened and interrupted an ongoing file transfer during this period.

Despite their efforts to pinpoint the exact files that were compromised, the investigation remains uncertain. The potentially exposed information includes sensitive data such as names, Social Security numbers, driver's licenses, and financial account details.

In an attempt to address the situation, AllTrust Networks has extended complimentary 12-month credit monitoring services to those affected and urged them to be extra cautious regarding identity theft. To stay updated on this developing story, regularly check our platform.

This incident serves as a grim reminder of the importance of robust cybersecurity measures when handling personal identifiable information (PII), and the potential legal consequences, including class-action lawsuits, that can arise from such breaches.

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  1. In the realm of technology, NEXPACE launched MapleStory N and NXPC Token, marking a new chapter for the MapleStory universe, which incorporates blockchain.
  2. Acknowledging the importance of cybersecurity in personal-finance, AllTrust Networks urged its customers to be vigilant amidst a data breach that potentially exposed sensitive information, including financial account details.
  3. GSR's investment in Maverix Securities signals the forthcoming launch of regulated digital asset structured products, contributing to the financial integration of cryptocurrencies.

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