Apex Capital Corp. Reports Data Breach That Compromised Individuals’ Social Security Numbers

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On September 23, 2022, Apex Capital Corp. confirmed that the company experienced a data breach after an unauthorized party gained access to sensitive consumer data that had been entrusted to the company. According to Apex Capital, the breach resulted in the names, addresses and Social Security numbers being compromised. Recently, Apex Capital sent out data breach letters to all affected parties, informing them of the incident and what they can do to protect themselves from identity theft and other frauds.

What We Know About the Apex Capital Data Breach

News of the Apex Capital breach is still fresh, and the company has not yet posted a notice of the breach on its website. Thus, all available information comes from the Texas Attorney General’s data breach tracking website. Based on the limited information available, the breach resulted in the names, addresses and Social Security numbers of 706 Texas residents being compromised. However, while Apex Capital is a Texas-based company, it provides services to individuals across the country, meaning the total number of people impacted by the recent data security could be much higher.

On September 23, 2022, Apex Capital sent out data breach letters to all individuals whose information was compromised as a result of the recent data security incident.

Founded in 1995, Apex Capital Corp. is a transportation and freight factoring company based in Fort Worth, Texas. The company provides a variety of services to small- and medium-sized trucking companies, including freight factoring, credit lines for fuel purchases, and payment tools. Apex Capital employs more than 159 people and generates approximately $81 million in annual revenue.

Apex Capital has already sent a notice of data breach to all affected parties through the U.S. mail. If you received a data breach notification from Apex, you are at a significantly increased risk of identity theft, as the incident puts your Social Security number in the hands of potential criminals. Thus, it is important that you understand your rights and how to protect yourself. Victims of the Apex data breach may also be interested in hearing more about pursuing a data breach lawsuit against the company. To learn more about all of these topics, please see our recent piece on the topic here.

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.

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