Cash App confirms data breach affecting millions of users

Cash App confirms data breach affecting millions of users

By:  Mind ved

Block, the financial services and digital payments company formerly known as Square, has announced that Cash App suffered a data breach last December.

Block submitted a filing to the Securities and Exchange Commission (SEC) this Monday acknowledging the breach.

The filing reveals that a former employee accessed reports containing US customer information.

This occurred on December 10th, 2021, after the employee had left the company.

Block explained that the employee “had regular access to these reports as part of their past job responsibilities.”

The problem is that they once again accessed these highly sensitive reports after their employment ended.

Block confirmed that the reports contained full names and brokerage account numbers for US customers.

The brokerage account numbers are unique IDs associated with a customer’s stock activity on Cash App Investing.

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