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Block Admits Data Breach Involving Cash App Data Accessed by Former Employee

April 6, 2022

Block, the company formerly known as Square, has disclosed a data breach that involved a former employee downloading unspecified reports pertaining to its Cash App Investing that contained information about its U.S. customers.

“While this employee had regular access to these reports as part of their past job responsibilities, in this instance these reports were accessed without permission after their employment ended,” the firm revealed in a April 4 filing with the U.S. Securities and Exchange Commission (SEC).

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