![]() ![]() That was the scenario at Block, the financial services company that owns mobile payment vendor Cash App. But how about discovering a breach in December 2021 and not disclosing that fact until it comes out in an April 2022 filing with the US Securities and Exchange Commission (SEC)? It’s bad enough when you fail to enforce basic cybersecurity practices such as cutting off an employee’s access to sensitive customer data when that employee leaves the company. ![]() Here are some recent examples of the best and worst responses to data breaches, based on the criteria cited above. Over the past few years, there have been numerous examples of high-profile data breaches that severely impacted the company’s fortunes.
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