Cash App Data Breach Settlement: Are You Eligible for a Payment?

A class-action lawsuit against Cash App and its parent company, Block Inc., alleged inadequate security measures led to data breaches exposing user information and causing unauthorized charges. The companies settled for $15 million without admitting wrongdoing. Impacted current and former Cash App users can submit claims until November 18 for potential reimbursement up to $2,500 depending on losses and the number of claims filed. The settlement also requires Cash App and Block to enhance their data security practices.