Yes Cash App did have a data breach in December of 2021, and yet you are probably only hearing about it now, 4 months later.
And quick question, how many of you used the new Credit Karma, Cash App sign in to do taxes this year? Would you have still done that had you known about the data breach?
According to the US Securities and Exchange Commission this is what happened, per their report.
On April 4, 2022, Block, Inc. (the ‘Company’) announced that it recently determined that a former employee downloaded certain reports of its subsidiary Cash App Investing LLC (‘Cash App Investing’) on December 10, 2021 that contained some U.S. customer information. While this employee had regular access to these reports as part of their past job responsibilities, in this instance these reports were accessed without permission after their employment ended.
Clark.com did a full article on this on April 21st and you can read that in full at: Cash App Data Breach: Why It’s a Big Deal for Your Wallet
Link to the story: https://clark.com/protect-your-identity/cash-app-data-breach/