Cash App, a popular stock trading app, has suffered a data breach impacting up to 8.2 million former and current users.

It has been reported that the breach was caused by a former employee illegitimately accessing customer information.

Block, Cash App’s owner, notified the Security and Exchange Commission (SEC) of the breach on Monday. The filing reported that a former employee downloaded investing reports containing information belonging to US customers, including full names, brokerage account numbers, brokerage portfolio values and holdings, and one day of stock trading activity.

“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,” said a Cash App spokesperson in a statement to Mashable.

The post Cash App notifies 8 million customers of data breach appeared first on IT Security Guru.

source

You May Also Like

United States military hacking unit acknowledges offensive action to disrupt malware

US military’s hacking unit, Cyber Command, has taken offensive action to disrupt…

Most Inspiring Women in Cyber 2021: Anne Woodley, Security Specialist at Microsoft

The IT Security Guru’s Most Inspiring Women in Cyber Awards aims to…

Fox News leaks 13 million internal records

Researchers have claimed that a misconfiguration has exposed millions of internal records,…

Live from KB4-Con: Security Culture in the Spotlight

“How strong is your security culture… and are you controlling it?” This…