Ex Block Inc employee puts millions of customers’ data at risk

Ex Block Inc employee puts millions of customers’ data at risk

https://www.cbs58.com/news/more-than-8-million-cash-app-investing-customers-potentially-impacted-by-data-breach-linked-to-former-employee

Exploit: Insider Risk
Block Inc: Financial Services Platforms

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Risk to Business: 1.706 = Severe

More than 8 million customers of Cash App Investing may have had their personal information exposed thanks to an incident involving an ex-employee of the app’s parent company Block Inc. In an SEC filing, the company disclosed that a former employee had downloaded reports that contained customer data. This breach does not impact customers using this app’s sister product, CashApp.

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Risk to Individual: 1.663 = Severe

The pilfered reports included customers’ full names and brokerage account numbers. For some customers, the data accessed also included the value and holdings of the brokerage portfolio, as well as some trading activity. 

How It Could Affect Your Customers’ Business: Personal data is a hot ticket item, and big companies often have a storehouse of it in their employee records.

Risk Levels:
1 - 1.5 = Extreme Risk
1.51 - 2.49 = Severe Risk
2.5 - 3 = Moderate Risk

*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.


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