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's security breach was caused by a former employee. Credit: Jakub Porzycki / NurPhoto via Cash App has had a data ...

Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...

Cash App, a popular platform used to transfer money, faces paying out up to $120 million in refunds and other redress to harmed customers, plus $55 million in penalties, relating to its troubling ...

Cash App has agreed to pay $12.5 million to settle allegations that it violated Washington state law by sending unsolicited promotional text messages to through its Invite Friends feature. The lawsuit ...

The Consumer Financial Protection Bureau has ordered Block, Cash App's parent company, to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial ...