Uber Agreed To Pay $148 Million In Data Breach Settlement

September 27th, 2018
Uber Agreed To Pay $148 Million In Data Breach Settlement

uber-agreed-to-pay

USA TODAY - Photo: Will Oliver, EPA-EFE

In today's Technology Today, we shed light on Uber's settlement of $148 million for their data breach of 2016.

What You Need To Know

Uber Technologies Inc.'s data breach of 2016 was no small event - the breach affected 57+ million people - roughly 50 million riders and 7 million drivers - and left Uber execs scrambling to cover up the scandal. Their lack of initial transparency and honesty - paying hackers $100,000 to get rid of the evidence - led to the firing of Joe Sullivan, the company's former CSO (Chief Security Officer), in an effort to restore public relations.

Yesterday, Uber formally agreed to a hefty settlement of $148 million. Ouch.

Understand the cost of an outage/breach and what not to do, according to the FBI, if it happens to you and your company.

What Do You Think?

What do you think? How did Uber's lack of transparency make you feel? Did you stop using Uber? Are you still boycotting? Sound off, below!

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Until next time, Techies!