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Uber paid hackers $100,000, concealed data stolen from 57 million accounts [Reuters]

FACEBOOK (FB)  More Company Research Source: Reuters
Last facebook earnings: 4/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
PDF Uber paid hackers $100,000, concealed data stolen from 57 million accounts | Reuters 5 Min Read (Reuters) - Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the company’s cover-up of the incident resulted in the firing of two employees who led Uber’s response to the hack, said Dara Khosrowshahi, who was named CEO in August following the departure of founder Travis Kalanick. Khosrowshahi said he had only recently learned of the breach, which happened in October 2016. "None of this should have happened, and I will not make excuses for it," Khosrowshahi said in a blog post on the company website. ( ubr.to/2AmxlQt ) The company’s admission that it failed to disclose the breach comes as Uber seeks to recover from sexual harassment allegations and multiple federal criminal probes that culminated in Kalanick’s ouster in June. The compa [Read more]

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