Block is contacting 8.2 million customers after a former employee downloaded company reports

  • 📰 verge
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

The reports were from Cash App Investing.

Data in the reports, which Block said were downloaded on December 10th, included “full name and brokerage account number” and for “some customers” included “brokerage portfolio value, brokerage portfolio holdings and/or stock trading activity for one trading day.” The employee, who downloaded the data after they left the company, had access to the reports “as part of their past job responsibilities,” according to Block.

“At Cash App we value customer trust and are committed to the security of customers’ information,” Cash App spokesperson Danika Owsley said in a statement to. “Upon discovery, we took steps to remediate this issue and launched an investigation with the help of a leading forensics firm. We know how these reports were accessed, and we have notified law enforcement. We are also contacting customers whose data was impacted.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Three Former DeepMinders Are Developing A.I. to Pick Stocks and CryptoThree former DeepMind employees are trying to train a machine to spot and invest in company stocks and cryptocurrencies before they rise.
Source: nbcchicago - 🏆 545. / 51 Read more »