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"At Cash App we value customer trust and are devoted to the security of customers' information," Danika Owsley, a spokesperson for Cash App, told CNN Business in a statement. "Upon discovery, we took steps to remediate this issue and launched an investigation with the help of a leading forensics firm.While account user names and passwords were not affected, the mobile payments app is currently notifying customers of the breach, it disclosed in a April 4 filing with the Securities and Exchange Commission. Cash App is owned by Block, formerly referred to as Square, a financial payments company headed by Twitter co-founder Jack Dorsey,
The former employee downloaded the data in December, after their employment with the company had ended, according to the filing. "We know how these reports were accessed, and we have notified law enforcement," Owsley said in the statement. The company declined to provide further details on how the incident occurred.