The proposed $15 million settlement from Cash App follows two significant data breaches, including one involving a former employee accessing sensitive information of over 8 million users.
Plaintiffs allege Cash App and its parent company Block failed to implement adequate security measures, leading to unauthorized account access using recycled phone numbers in 2023.
Although Cash App and Block deny wrongdoing, they set a settlement to potentially compensate affected users up to $2,500 for losses related to the breaches.
Users have until November 19 to claim their portion of the settlement, which aims to address monetary losses and time lost due to the breaches.
Collection
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