Block Inc. said a former employee downloaded reports from the payments company’s Cash App without Block’s permission that contained information from some U.S. customers.
Block, formerly called Square Inc., said the reports included full names and brokerage-account numbers used in its Cash App Investing offering. The information included brokerage portfolio value, holdings, and stock-trading activity. The reports were accessed on Dec. 10, according to a company filing with the Securities and Exchange Commission on Monday.
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