Uber to Pay $148m Penalty Over Data Breach

Uber
  • Uber to Pay $148m Penalty Over Data Breach

Ride-hailing service Uber agreed to pay record $148 million penalty over a massive 2016 data breach, which the company concealed for a year, New York’s attorney general announced on Wednesday.

“This record settlement should send a clear message: we have zero tolerance for those who skirt the law and leave consumer and employee information vulnerable to exploitation,” New York Attorney General Barbara Underwood said in a statement.

Uber learned of the breach in November 2016 involving personal information of 57 million riders and drivers, nearly half in the United States, the statement said.

(AFP)

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Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]; Tel: +2347065163489.

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