Thu Nov 14 09:00:00 UTC 2024: ## Cash App to Pay $15 Million for Security Breaches, New York Customers Can Claim Compensation
**New York, NY** – Cash App users in New York who have experienced unauthorized access to their accounts have less than two weeks to submit a claim to receive compensation as part of a multi-million dollar settlement.
The settlement stems from a class action lawsuit filed in February, alleging that Cash App failed to protect customer information and adequately address complaints regarding unauthorized transactions. The lawsuit cites two data breaches: one in December 2021, which exposed the personal information of 8.2 million Cash App Investing customers, and another in 2023, involving unauthorized access through recycled phone numbers.
As a result of the lawsuit, Cash App will pay $15 million and agree to improve its data security practices. However, the company denies any wrongdoing.
Eligible claimants include current and former Cash App users whose accounts were accessed without permission or those who experienced unauthorized withdrawals or transfers between August 23, 2018, and August 20, 2024.
To file a claim, visit **cashappsecuritysettlement.com/submit-claim** by **November 18, 2024**.
This settlement follows a pattern of increasing security concerns surrounding mobile payment services. It serves as a reminder for users to be vigilant about their account security and report any suspicious activity immediately.
First Piper 