The stolen information included the value of some customers' portfolios and details of their stock trades, but did not involve the company's personal ...
The idea that a former employee was somehow able to sneak in meant something went badly awry. The information did not include user names, passwords, Social Security numbers and other personally identifiable details, Block said in its filing. “Upon discovery, we took steps to remediate this issue and launched an investigation with the help of a leading forensics firm,” Fiona Lee, a Block spokeswoman, said.
Previously known as “Square” and now going by Block, the company shared this information with the SEC, although we only have a few details thus far.
Furthermore, Block is aware of how the person accessed the data and instantly took steps to remedy the situation. Unfortunately, we don’t know how many users actually had their data accessed, but Block did confirm it has reached out to over 8.2 million customers over the situation. Block said the person responsible for the Cash App data breach had access to this information for their job responsibility.
Cash App has notified customers of a security breach, with a former employee accessing information for potentially millions of users.
"Upon discovery, we took steps to remediate this issue and launched an investigation with the help of a leading forensics firm," said Cash App's spokesperson. The financial app's owner Block notified the Security and Exchange Commission (SEC) of the breach on Monday, as reported by TechCrunch. According to the filing, a former employee downloaded some Cash App investing reports that contained information belonging to U.S. customers. While Cash App declined to state how many people were impacted, its SEC filing noted that 8.2 million current and former customers are being contacted about the breach.
On Monday, Block, the financial service company that owns Cash App and was created by Twitter founder Jack Dorsey, announced it learned the former employee ...
"Bad guys can then be more efficient in their illegal shenanigans, meaning breaking into an account and taking stuff out of an account. The filing says the only potentially affected users include those in the U.S. who use Cash App Investing, which is around 8.2 million users. That's most likely endgame here," he added. "This information by itself is not valuable. Over 8 million users of the mobile payment app Cash App could be affected by a data breach after a former employee of the company downloaded reports containing the personal information of U.S. users. "The Company takes the security of information belonging to its customers very seriously and continues to review and strengthen administrative and technical safeguards to protect the information of its customers.
Former employee accessed names and brokerage account numbers in December, payments company discloses.
Block is contacting 8.2 million current and former customers to alert them of the breach. The breach only affected U.S. customers. According to the filing, no personally identifiable information was taken.
The company formerly known as Square announced a customer information data breach on its mobile payment service Cash App.
The affected data included full name and brokerage account numbers, and also the brokerage portfolio values and trading activity for one day. Cash App allows ...
A spokesperson for Cash App told TechCrunch, “At Cash App we value customer trust and are committed to the security of customers’ information. Cash App is currently contacting roughly 8.2 million current and former customers to inform them about the breach, though it’s not clear if every single one of those people were affected. Cash App allows people to buy and sell stocks (and the Bitcoin cryptocurrency), in addition to its original purpose of sending money to other people.
Block, Inc. says a former employee downloaded data without permission in December 2021.
Only customers who used Cash App’s stock function are affected by the breach, according to the report. When it made the discovery, Block launched an investigation in partnership with a forensics firm. The filing says the company “takes the security of information belonging to its customers very seriously and continues to review and strengthen administrative and technical safeguards to protect the information of its customers.”
Block, Inc. has reported a Cash App Investing data breach impacting millions of current and former customers.
Block, Inc. says a former employee downloaded data without permission in December 2021.
Only customers who used Cash App’s stock function are affected by the breach, according to the report. When it made the discovery, Block launched an investigation in partnership with a forensics firm. The filing says the company “takes the security of information belonging to its customers very seriously and continues to review and strengthen administrative and technical safeguards to protect the information of its customers.”
Block, Inc. says a former employee downloaded data without permission in December 2021.
Only customers who used Cash App’s stock function are affected by the breach, according to the report. When it made the discovery, Block launched an investigation in partnership with a forensics firm. The filing says the company “takes the security of information belonging to its customers very seriously and continues to review and strengthen administrative and technical safeguards to protect the information of its customers.”
(Gray News) – A data breach committed by a former employee of the company which owns the mobile payment app Cash App could have affected over 8 million users. According to a report filed with the U.S. Securities and Exchange Commission, Block, ...
Only customers who used Cash App’s stock function are affected by the breach, according to the report. When it made the discovery, Block launched an investigation in partnership with a forensics firm. The filing says the company “takes the security of information belonging to its customers very seriously and continues to review and strengthen administrative and technical safeguards to protect the information of its customers.”
The company formerly known as Square announced a customer information data breach on its mobile payment service Cash App.
Block, Inc. has reported a Cash App Investing data breach impacting millions of current and former customers.
In a report filed with the Securities and Exchange Commission, Block, the company that owns Cash App, said a former employee downloaded reports that included ...
Block said it is contacting all current and former users who may have been impacted. The employee reportedly had access to the reports prior to his employment ending. More than 8 million Cash App users could be impacted by a data breach.
The company formerly known as Square announced a customer information data breach on its mobile payment service Cash App.