Cash App had a data breach

Cash App data breach affects US users

Cash App had a data breach
Cash App had a data breach

Block, Inc. announced. About a Cash App Investing data breach affecting all users. Here's what you need to know. 

The Cash app has become a way for some people to send money, invest in the stock market, and buy cryptocurrencies like Bitcoin. But the latest reports indicate a data breach that affected the users of this application. Google Trends data also shows that most people are searching for information about the reported Cash app breach in the last hours of yesterday.

Was Cash App affected by a data breach?

  • Block, Inc. filing with the Securities and Exchange Commission (SEC)
  • Cash App 

Yes, Cash App was affected by a data breach that affected US users who used Cash App investment services.

what we found

Block, Inc. has advanced. , the company that owns Cash App, reported to the Securities and Exchange Commission (SEC) on April 4 about a data breach that affected cash app users. Block says that a former employee downloaded and took Cash App Investing reports containing some customer information on December 10, 2021.

Although the employee had access to these reports as part of his previous job. The impact of the data breach was on current and former users in the United States who used Cash App's investment services, according to an SEC filing. Cash App products and features other than stock activity are not affected by this violation. Cash App Investing contacts nearly 8 million people to provide them with information about a breach.

So what data may have been compromised?

Reports include customer full names and brokerage account numbers, which are the unique numbers associated with customer activity in Cash App Investing.

For some users, reports also include portfolio value, holdings, stock trading activity, SEC deposit confirmation and a Cash App spokesperson.

Usernames, passwords, Social Security numbers, date of birth, payment card information, addresses, or banking information were not included in the reports. The reports also did not include the security codes, access codes, or passwords used to access cash app accounts.

A Cash App spokesperson said the company values ​​users' trust and is committed to the security of customer information. The Cash App launched an investigation with the help of a forensic evidence company, according to a SEC spokesperson.

The Cash App also notified law enforcement of the violation. In addition, we continue to review and strengthen administrative and technical safeguards to protect information.

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