Cash App Will Pay $15 Million Data Breach Settlement

Have you used Cash App at all since 2018? You may be eligible to receive part of a $15 million settlement Block Inc. (which owns Cash App) has agreed to after being accused of negligence following two data breaches.

According to the class action lawsuit, Block and Cash App Investing were “negligent and breached other obligations to users” in 2022 when a former employee accessed account data without permission. Block said in a 2022 filing with the U.S. Securities and Exchange Commission that it was notifying roughly 8.2 million current and former users about the incident.

Read more at The Hill