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

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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.

 

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