Cash App settles $15M class action lawsuit over data protection and unauthorized access.
Cash App has settled a class action lawsuit for $15 million over allegations of inadequate data protection and failure to block unauthorized access. Up to 56 million users may claim refunds of up to $2,500, with applications due by November 18, 2024. Users must provide proof of losses related to identity theft and credit monitoring. The settlement does not constitute an admission of guilt by Cash App but resolves the legal dispute to allow continued operations.
6 months ago
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