Block Admits Data Breach Involving Cash App Data Accessed by Former Employee

Block, the company formerly known as Square, has disclosed a data breach that involved a former employee downloading unspecified reports pertaining to its Cash App Investing that contained information about its U.S. customers. "While this employee had regular access to these reports as part of...

Update to GLBA Security Requirements for Financial Institutions

Heads up financial institutions: the Federal Trade Commission FTC announced the first cybersecurity updates to the Gramm Leach-Bliley Act GLBA Safeguards Rule since 2003. The new rule strengthens the required security safeguards for customer information. This includes formal risk assessments,...