Block is contacting 8.2 million customers after a former employee downloaded company reports
by Jay Peters from The Verge - All Posts on (#5XWN8)
Block's logo. | Image: Block 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.
The reports did not include usernames or passwords, Social Security numbers,...