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For more, here's how to secure your Cash App personal and finance information and everything we know about the National Public Data breach. While it isn’t interest-bearing, this can be used as a way to save money for specific expenses, such as a vacation or a rainy day. Plaintiffs also alleged that Cash App and Block, the app's parent company, failed to install controls to block unauthorized users and that the company then mishandled customer complaints about the security breaches and fraudulent transactions. The class-action pointed to a 2021 incident the company disclosed in 2022, in which a former employee downloaded reports of some U.S.