Top
image credit: Adobe Stock

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

April 5, 2022

Via: The Verge
Category:

Block, the parent company of products like Cash App and Tidal, said in an SEC filing that a former employee downloaded “certain reports” that “contained some US customer information” without permission from Cash App Investing (via Protocol).

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.

Read More on The Verge