Block confirms Cash App breach after former employee accessed US customer data

Carly Page reports:

Block has confirmed a data breach involving a former employee who downloaded reports from Cash App that contained some U.S. customer information.

In a filing with the Securities and Exchange Commission (SEC) on April 4, Block — formerly known as Square — said that the reports were accessed by the insider on December 10.

“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 filing reads.