Case Study: Cash App’s Settlement After Data Breaches — Lessons for the Industry
Cash App has faced multiple data breaches from 2018 to 2024, compromising personal data of millions. The most significant breach in December 2021 resulted from an employee’s unauthorized access. In response, Cash App is offering up to $2,500 to affected users as part of a $15 million settlement, aiming to restore trust and account for financial damages.
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