Block Cash App Data Breach Investigation
The Lyon Firm is actively involved in personal privacy and data theft cases and is currently investigating Block Cash App data breach claims.
Block’s Cash App is now notifying 8.2 million American customers of a data breach following reports of a former employee accessing account information.
Block has yet to answer questions about why a former employee would still had access to sensitive consumer data, and what may have happened to that information. The data may have included Cash App users’ full names and brokerage account numbers.
Block has not stated exactly how many Cash App customers were impacted by the security breach, only that it started contacting over 8 million current and former customers.
The discovery of the incident is a bit tardy, to say the least, at around four months after the data leak occurred. Cash App released a statement, saying the following: “At Cash App we value customer trust and are committed to the security of customers’ information.” A Cash App spokesperson told TechCrunch , “Upon discovery, we took steps to remediate this issue and launched an investigation with the help of a leading forensics firm. We know how these reports were accessed, and we have notified law enforcement.”
What Do We know About the Cash App Data Breach?
In an April 4 filing with the Securities and Exchange Commission (SEC), Block said the data was accessed on December 10.
Block confirmed the data breach involved a former employee who downloaded reports from Cash App that contained some U.S. customer information.
Block noted, “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.”
Joe Lyon is a highly-rated data breach lawyer and Privacy Attorney representing plaintiffs nationwide in class action security breach lawsuits.
What Should I Do Following a Data Breach?
Regardless of the reason for a security breach, victims have the right to file a claim against a company for failing to protect their information. All companies and organizations must exercise reasonable care in protecting patient information, and if they do not, they can be held liable for the damages that result, including identity theft.
Security breach plaintiffs and privacy attorneys representing plaintiffs have been able to settle multi-million dollar recoveries. If you or a loved one has received notice of a data breach affecting you, or suspect signs of identity theft, contact a data theft lawyer for a free consultation.
Individuals can be ruined financially and emotionally, and deserve proper online security measures. But many companies and hospitals violate privacy laws and consumer rights, and thus face class action lawsuits.
After a data breach turns your life upside down, remember that you are not the only victim. There are millions of Americans who suffer from data privacy events every year, and in turn, seek legal action for compensation and to hold companies accountable for negligent security systems.
If you want more information on current data breach litigation and how to file a data theft class action lawsuit, contact The Lyon Firm for a free and confidential Cash App case review.
Can You Sue for a Data Breach?
Entities that collect and store data have a duty to protect personal information to the best of their ability. When they are negligent, and a data theft incident occurs, they may be liable for the following:
- Improperly monitoring data security systems for existing intrusions
- Not ensuring that vendors with access to computer systems and data employ reasonable security procedures
- Improperly training employees in handling emails containing personal data and maintain adequate email security practices
- Failure to implement technical policies and procedures to allow electronic data access only to individuals or software programs granted access rights
- Failure to implement procedures to review records of information system activity regularly, such as audit logs, access reports and security incident tracking reports
- Improperly protecting against reasonably anticipated threats or hazards to the security or integrity of stored data
An experienced class action privacy attorney can determine if you are eligible to file a data breach lawsuit or join a class of plaintiffs. Lawyers investigating the matter can assist in determining the following:
- Did Block fail to adopt security safeguards that would have prevented a breach?
- Did Block notify customers as soon as it learned of the incident?
- Did Block provide a complete list of all individuals impacted?
- Did Block provide security in line with industry standards?