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Cash App begins $15 million settlement payments regarding data breach

USA TODAY +1 ·

XYZ Block Inc
$75.23 -1.10%
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  1. 1Cash App users will soon receive $15 million in settlement payments regarding a 2021 data and security breach.
  2. 2The compensation is for 8.2 million Cash App investing customers who were affected by the leaked personal information as of December 2021 and earlier.
  3. 3This includes a maximum refundable amount of $2,500 for actual losses incurred by Cash App users.

So what's the key point?

Cash App has started returning settlement payments to users whose information was leaked. Customers affected by this incident will be compensated up to $2,500.

Source USA TODAY +1 · View original ↗

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