In a settlement, the mobile payment service was ordered to pay out $15 million in damages. According to a class-action lawsuit obtained by USA TODAY, plaintiffs sued Cash App Investing and Block Inc.
According to Block’s filing with the U.S. Securities and Exchange Commission, the breach occurred when a former employee downloaded reports on Dec. 10, 2021, that contained sensitive customer ...
Cash App users may receive a refund from the mobile banking platform after a federal agency ordered the company to pay out $175 million for its weak security procedures, the second such major ...