Data Breach

Cash App Data Breach

8.2M records exposed • December 2021

Someone who used to work at Cash App kept their access after being fired. They used it to download stock trading information on 8.2 million customers.

What Happened

A former Cash App employee downloaded reports containing customer financial data after their employment ended. Block (formerly Square) took months to disclose.

Attack method: Former employee access

What Data Was Exposed

Full names, Brokerage account numbers, Stock trading activity, Portfolio values

Is your business exposed?

What to Do If You're Affected

  1. 1.

    Review Cash App account activity

  2. 2.

    Enable all security features in Cash App

  3. 3.

    Monitor brokerage accounts for unauthorized activity

Lessons for Businesses

  • Employee offboarding must include immediate access revocation
  • Financial data downloads should be monitored
  • Insider threats require specific controls

Sources

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